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B3. A technical trading website makes the following statements: a. The market discounts everything. In other words, everything you need to know about a security

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B3. A technical trading website makes the following statements: a. The market discounts everything. In other words, everything you need to know about a security can be found in its price. b. Trends repeat over time. Therefore, past trends can be used to help (predict] future price movements. If statement (a) is true, can statement (b) also be true? Why or why not? Answer Yes or No [1 mark] and explain why [3 marks]. You should not need more than 4 sentences to answer this

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