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25. Which of the following statement about technical analysis is wrong? A. A Simple Moving Average is simply the average price (usually the closing price)

25. Which of the following statement about technical analysis is wrong?

A. A Simple Moving Average is simply the average price (usually the closing price) over the last N periods.

B. Point & Figure Charts presents the Opening, High, Low and Closing prices

C. Support and resistance lines indicate likely ends of trends.

D. Technicians look for many patterns in the historical time series of prices.

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