Exercises for Lesson 1

Below are three fun excercises in charting.  First read the question then select the appropriate action. There are points on the charts marked with a hyperlink giving you several possibilities. You will be told if your answer is right or wrong and given another opportunity to try again if wrong.

Practice Chart 1 point box.
Currently the chart is in a column of Xs up to 64.

Here's today's data:
High $66.00
Low $60.00
Last $65.75

You have the following options:
- There is no action on the chart today
- Two X's are added to 66
- A new column of O's down to 60

69  ---------------------------
68  
67         *                  
66         X *             X  <--? 
65  ---X---X-O-*-----------X---
64     X O X O   * X   X   X  
63 X O X O X O     X O X O X O 
62 X O X O X O     X O X O X O  
61 X O X O X O     X O X O   O 
60 X-4-X-5---O-----X-9-------O <--?
59   O X   * 6 X   X       *  
58   O   *   O X O 8     *    
57     *     O X O X   *      
56   *       O   7 X *        
55 *-------------O-*-----------
54               *

Practice Chart 2 point box.
Currently the chart is in a column of Os down to 116.

Here's today's data:
High $128
Low $114.12
Last $116

You have the following options:
- There is no action on the chart today
- One O is added to 114
- A new column of X's up to 128

140 -----X --X ----------
138      X O X O           
136      X O X O        
134      X O X O          
132      X O X O        
130 -----X O --O -------
128      X     O     X <--?
126      X     O     X    
124      X     O X   X      
122      X     O X O X    
120 -----X ----O X O X--
118      X     O X O X     
116  X   X     O X O     
114 -X O X ----O X O   <--?
112  X O X     8 X       
110 -X O X ----O X -----
108  X O       O X       
106  X         O      
104  X        

Practice Chart .5 point box.
Currently the chart is in a column of Xs up to 13.5.

Here's today's data:
High $13.95
Low $12.12
Last $12.5

You have the following options:
- There is no action on the chart today
- One X is added to 14
- A new column of O's down to 12

15.5
15.0
14.5
14.0                           X   <--?
13.5 O   *                     X       
13.0 O ----* ------------------X O
12.5 O       *                 X O 
12.0 O X ------* --------------X O <--?
11.5 O X O       *     X       X 
11.0 O X O X ------* --X O X --X --
10.5 O X O X O       * 7 O 8 O X  
10.0 O X O X O X ------X O X O X --
9.5  O X O X O X O X   X O X O X  
9.0  O X O X 5 X O X O X O --O * --
8.5  O X 4 X O X O 6 O X   * *   
8.0  O --O X O * O X O X * --------
7.5      O * *   O X O *      
7.0  --* * ------O --* ------------