According to the Dow Theory, a typical bullish price pattern

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According to the Dow Theory, a typical bullish price pattern

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A. will have periodic sell-offs at high volume.

B. will not have troughs.

C. will have continuously increasing stock prices.

D. may have troughs.

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Explanations

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A. B. C. D.

According to the Dow Theory, there should be a general upward price movement during a bull market, perhaps punctuated by occasional low-volume sell offs because of profit taking. Every recovery from a sell off should reach a higher peak than that resulting from the previous recovery.

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