An investor is most likely to get 'whipsawed' in which of the following situations?

a.

When the short moving average crosses over the long moving average.

b.

When the market is moving in a very narrow trading range.

c.

When waiting for a breakout to occur in a Donchian Channel.

d.

When placing an entry stop order in a rising market. -------------------------------------------------------------------------------------------------

Behavioral Finance supports the study and use Technical Analysis in all of the following ways except

a.

Behavioral Finance explains how individuals make investment decisions that are not always rational.

b.

Behavioral Finance helps explain why markets are not always efficient.

c.

Behavioral Finance is an area of study focused on how psychological influences can affect market outcomes.

d.

Behavioral Finance supports the notion that at any given time, prices reflect all available information.