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USING TECHNICAL ANALYSIS TO SELECT INDIVIDUAL STOCKS
Answers
1. overowned and underowned
2. B.
3. F. The secular trend lasts for several business cycles and is more dominant than the primary trend because it lasts longer.
4. top down
5. C. It’s okay to hold on until the absolute price trend reverses, but better results will come from switching to a stock where the RS trend is positive.
6. A. Because the short-term KST has violated a down trendline and the price has broken above a 1-year down trendline, this should reverse the course of the delicately balanced long-term KST.
7. B. Each stock must be appraised on its own merits. The top-down approach is used merely as a shortcut filtering mechanism.
8. C. In general, it is better to stay with ...
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