CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

The inverse head and shoulders pattern signals that ______

A. the security is set to make an upward move.
B. the security is set to make a downward move.
C. the security is set to make an upward and then a downward move.
Correct Answer: A

Often coming at the end of a downtrend, the inverse head and shoulders pattern is considered to be a reversal pattern, as the security typically heads higher after the completion of the pattern.

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