54: technical analysis

Question 1

Looks for changes in intrinsic value; forward looking

Answer 1

fundamental analysis: what prices should be based on DCF

Question 2

Tries to predict future price changes in past trade prices and volume

Answer 2

Technical analysis

Question 3

In a candle stick chart, if the bar is open it signifies that:

Answer 3

the stock closed at a higher price than the open, on that trade day

Question 4

Downtrend line connects:
Uptrend line connect:

Answer 4

downtrend connects highs: lower highs & lower lows
uptrend connects lows: higher highs, higher lows

Question 5

Price where buying pressures limits a downtrend: Demand > Supply

Answer 5

Support (at the bottom-floor)

Question 6

Price where selling pressure limits an uptrend: Demand < Supply

Answer 6

Resistance (at the top- ceiling)