20) Stephanie is an investor who believes that the real key to a company's future stock price lies in ts future eamings. When investing in a company, she carefully studies its future eamings company's stock at the first sign of any trouble. This information indicates that Della would correcthy be potential, and selis a Apa growth investor. a value investor C) a buy-and-hold investor. Dj an index investor 21) The principal objective of technical analysis is A) determining the best time to get into or out of the market. B) maintaining the lowest level of risk possible. C) avoiding all unpleasant surprises in the market D) increasing trading to improve overall profits. 22) The odd-lot trading theory advocates that small nvestors A) tend to buy high and sell low. B) react in a manner which generally forecasts the future direction of the market. C) are the first to react to market changes. D) tend to be the first to speculate on a bull market 23) Chartists advocate that A) history repeats itself B) patterns appear that are very clear and distinctive. C) formations are less important than the direction of the latest price movement D) a breakout below a support line is a buy signal in a rising market 24) Technical analysts consider the stock market to be strong when volume and , during a declining market. A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases 25) A high TRIN value is considered A) good for the market when the number of advancing stocks is declining. B) good for the market when the volume of advancing stocks is declining. C) bad for the market when the trading volume in the declining stocks is rising. D) bad for the market when the number of declining stocks is stable. 26) A sell signal is indicated by a security's price A) rising above the moving average. B) falling below the moving average. C) equaling the moving average. D) running parallel to the moving average