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Basic Question 1 of 12

In the head and shoulders pattern, which part is the first signal that the rally may be coming to an end?

A. The head
B. The right shoulder
C. The neckline

User Contributed Comments 4

User Comment
reccy Volume during advance of left shoulder should be > during adv of head: 1st warning sign
farhan92 The high of the head is always a sign of good things coming to an end.
Sagarsan88 But how do you know it is the head...if the other shoulder has not even formed?
MathLoser Belief
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain common chart patterns;

CFA® 2024 Level I Curriculum, Volume 6, Module 67.