Forms Of Charts – 4M Quiz

Thru the use of charts you can secure all the information you need to study the market, and operate in it effectively and profitably.

Charts have actual forecasting value because they indicate?

When you study charts you should?

One who understands how to interpret charts correctly can usually decide whether the whole market, or group of stocks, or any single stock, is most likely to advance, decline, or stand still.

The advantage of a vertical line chart are.

From studying volume and price movement on the vertical line chart we can determine.

Figure charts are of great value in estimating the probable extent of supply and demand and the points of resistance and support.

The best formations from Figure Charts are saucers, baskets, fulcrums, and head and shoulders.

The most valuable feature of Figure Charts is.

The trend is the line of least resistance. It is the most important thing to know about the market or an individual stock.

In a bull market most of your trades should be on the long side, and in a bear market on the short side.

You should keep a vertical line chart, or a figure chart on individual stocks, never both.

In the selection of the best stocks to trade and invest, group charts are of material assistance.

Which chart is best for deciding where to place stops on positions.

Market behavior at critical turning points is best found on which chart.