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Day Trading MCQs

What would a range trader who sees a breakout most likely do?

Nothing, wait and see what else happens.

Tell their friends to buy the stock.

Call the company to find out what is happening.

Purchase or sell the stock depending on the direction as the price is likely to continue in the same direction for some time

Answer

Correct Answer: Purchase or sell the stock depending on the direction as the price is likely to continue in the same direction for some time

Explanation:

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