As of 05/24/2024   Indus: 39,070 +4.33 +0.0%     Trans: 15,083 +74.08 +0.5%     Utils: 926 +1.92 +0.2%     Nasdaq: 16,921 +184.76 +1.1%     S&P 500: 5,305 +36.88 +0.7% YTD  +3.7%   -5.1%    +5.0%    +12.7%    +11.2% Overview: 05/13/2024     41,000 or 38,500 by 06/01/2024   16,050 or 15,300 by 06/01/2024   960 or 900 by 06/01/2024   17,250 or 15,850 by 06/01/2024   5,500 or 5,100 by 06/01/2024
 As of 05/24/2024   Indus: 39,070 +4.33 +0.0%     Trans: 15,083 +74.08 +0.5%     Utils: 926 +1.92 +0.2%     Nasdaq: 16,921 +184.76 +1.1%     S&P 500: 5,305 +36.88 +0.7% YTD  +3.7%   -5.1%    +5.0%    +12.7%    +11.2% Overview: 05/13/2024     41,000 or 38,500 by 06/01/2024   16,050 or 15,300 by 06/01/2024   960 or 900 by 06/01/2024   17,250 or 15,850 by 06/01/2024   5,500 or 5,100 by 06/01/2024

# Bulkowski's Rising Wedge Quiz 2

Released 10/25/2019.

## Rising Wedge 2: Quiz

Below is a slider quiz to test your ability to identify rising wedges and trade them. Captions appear below the pictures in red for guidance, so be sure to scroll down far enough to read them.

1 / 7
I show a rising wedge at A (or is it?). The chart pattern sees price bounce from side to side of the pattern, filling the space between the two converging and rising trendlines. In this example, price breaks out upward. That's unusual because the breakout is downward 60% of the time (which is close to random, really). As to the inset, if I draw the lines differently, the rising wedge becomes a symmetrical triangle. Either interpretation is correct. Both breakout upward, so both are bullish. I actually prefer interpretation B, not A.
2 / 7
Find as many rising wedges as you can. For help, click here.
3 / 7
Heeere's the rising wedge. Let's try again. (Next slide, please)...
4 / 7
This is from Abbott labs. I glued parts of the chart together. Find as many rising wedges as you can.
5 / 7
I show two rising wedges. Let's trade one.
6 / 7
This rising wedge has a downward breakout. How far will price drop before it turns? Select one of the green lines A, B, C, or D.
7 / 7
Line A is the correct choice

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

 My Stock Market Books Chart Patterns: After the Buy Encyclopedia of Chart Pattern, 3rd Edition Fundamental Analysis and Position Trading Getting Started in Chart Patterns, 2nd Edition Swing and Day Trading Trading Basics My Novels Bumper's Story Head's Law Remember Me