Question

When a stock price breaks through the moving average from below, this is considered to be ______.A. the starting point for a new moving averageB. a bullish signalC. none of these options D. a bearish signal

Answer 1

Answer: a bullish signal

Explanation:

The question depicts a bullish signal. A bullish signal describes an indicator when there's likely to be an increase in price.

An example of a bullish indicator occurs when there's a huge number of margin transactions, as this implies that investors are buying and thus will then bring about an increase in prices.

Therefore, the correct option is B.