【每日一练】CFA 一级(2015年)
Question:
A stock is declining in price and reaches a price range wherein buying activity is sufficient to stop the decline. This range is best described as the:
A. change in polarity point.
B. resistance level.
C. support level.
Answer = C
The support level is defined to be a low price range in which buying activity is sufficient to stop the decline in price.
CFA Level I
"Technical Analysis," Barry M. Sine and Robert A. Strong
Section 3.2
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