300-625 Exam Questions and Answers

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300-625 - Implementing Cisco Storage Area Networking

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NEW QUESTION: 1
In a head-and-shoulders top, the peak of the head is formed at $50 and the neckline is established at
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A. $30.
B. $40.
C. $45.
Answer: A
Explanation:
The price objective is calculated by subtracting the price at which the pattern breaks the neckline ($40) by the difference between the head and the neckline ($10). Based on this example, the price objective is $30 ($40 - $10).This price objective is not an absolute and is used as a guideline to the attractiveness of a trade. The larger the difference between the objective and the price at the neckline, the more worth the trade has, as it will yield greater returns.


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