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Exercise #2
2.) The sector bullish percent chart is in O's and the sector just fell to
26%. Which of the following stocks listed below is the most likely to have been the worst performer in the
sector.
Your answer was A. Stock A
Stock A: This answer is incorrect. Stock A's peer relative strength chart remains
on a sell signal but notice that it has reversed up to make a higher bottom showing that nearer term, the stock is holding
up better than the sector as a whole. This would be one stock to keep an eye on in the sector to see if that peer RS
chart reverses up.
Go back to the question.
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