Business, 02.03.2020 20:03, joaquin42

A technical analyst has identified a resistance level for ABC stock at $81 and a support level at $75. The stock is currently trading at $77 and the analyst expects the stock to break the support level.
Which order is appropriate to profit if the support level is broken?

A. Sell 100 ABC @ Market
B. Sell (short) 100 ABC @ $74
C. Sell (short) 100 ABC @ $74 Stop
D. Sell (short) 100 ABC @ $76 Stop

Answers: 2

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A technical analyst has identified a resistance level for ABC stock at $81 and a support level at $7...