A frequent argument against the usefulness of technical analysis is that trading on a pattern has the

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A frequent argument against the usefulness of technical analysis is that trading on a pattern has the effect of destroying the pattern. Explain what this means.

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 04:40 AM

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A frequent argument against the usefulness of technical analysis is that trading on a pattern has the

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Consider support and resistance lines If it is agreed the resistance line ...View the full answer

Fundamentals of Investments Valuation and Management

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