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Exercise #1
Which stocks have violated their bearish resistance lines and are in a positive trend?
Your answer was A. Stock A and Stock B
This answer is incorrect. Stock A has not violated its bearish resistance
line. In order for the stock to violate its bearish resistance line, the stock would have to move to 42. At 41,
Stock A is sitting right on the bearish resistance line. Stock B has violated its bearish resistance line and
moved to a positive trend at 50 where it also broke a triple top.
Back to the question.
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