- CFA Exams
- CFA Level I Exam
- Study Session 19. Portfolio Management (2)
- Reading 56. Technical Analysis
- Subject 4. Chart Patterns
CFA Practice Question
In an inverse head and shoulders pattern, the low price reached at the bottom of the head is $40 and the neckline is established at $50. The price objective for a technician would be ______.
A. $30
B. $45
C. $60
Explanation: 50 + (50 - 40) = 60
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