CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

Which chart type is the most appropriate to signal the end of a price decline or advance?

A. candlestick chart
B. line chart
C. point and figure chart
Correct Answer: C

User Contributed Comments 2

User Comment
dipu617 Why?
NikolaZ Because once the reversal point is set (usually 3), the bar accurately demonstrates a shift in price trend (upwards to downwards or vice-versa).

This shows how prices stop increasing/decreasing and change direction.
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