- CFA Exams
- CFA Exam: Level I 2021
- Study Session 19. Portfolio Management (2)
- Reading 56. Technical Analysis
- Subject 4. Chart Patterns
CFA Practice Question
In an ascending triangle, the trendline that connects multiple highs during the line ______.
B. slopes upward
C. slopes downward
A. is horizontal
B. slopes upward
C. slopes downward
Correct Answer: A
The line indicates some resistance above current prices.
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