You are building out your 1 x 3 point and figure chart that is currently in a column of X's with the last X at $17. When you look at the high, low, close data for today you see that the high was $17.99 and the low was $14.01. The stock closed at $15.01. What do you add to the chart for today? a. A new trend line b. You add noting to the chart c. A new column of O's to the $15 level d. A new X at $18
You are building out your 1 x 3 point and figure chart that is currently in a column of X's with the last X at $17. When you look at the high, low, close data for today you see that the high was $17.99 and the low was $14.01. The stock closed at $15.01. What do you add to the chart for today? a. A new trend line b. You add noting to the chart c. A new column of O's to the $15 level d. A new X at $18
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:You are building out your 1 x 3 point and figure chart that is currently in a column of X's with the last X at $17. When
you look at the high, low, close data for today you see that the high was $17.99 and the low was $14.01. The stock
closed at $15.01. What do you add to the chart for today?
O a. A new trend line
b. You add noting to the chart
c. A new column of O's to the $15 level
d. A new X at $18
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