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In a 2IEMA bounce, always buy 20-30 cents before in a stock that $200-300.

A) True
B) False

User Mariusm
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1 Answer

4 votes

Final answer:

The claim regarding a specific buying point in the stock market lacks a factual basis and does not consider the unpredictable nature of stock prices, which have historically shown significant fluctuations over different periods. The correct option is B.

Step-by-step explanation:

The statement in the question is not sufficient to assess as a true trading strategy due to the unpredictable nature of the stock market. It is difficult to predict stock price movements, and there isn't a one-size-fits-all approach to buying stocks.

Financial strategies vary greatly, and the success of a strategy can be influenced by numerous factors, including market conditions and individual investment goals.

Investing in the stock market requires understanding that stock prices can fluctuate significantly over time. Historically, as shown by the Dow Jones Industrial Average, stock prices did not rise much in the 1970s, but they climbed steadily in the 1980s.

However, from 2000 to 2013, the stock prices bounced up and down, ending at about the same levels as they started. The correct option is B.

User Xiuyi Yang
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