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Following are figures representing the number of stocks making new highs and new lows for each month over a six-month period: Would a technical analyst

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Following are figures representing the number of stocks making new highs and new lows for each month over a six-month period: Would a technical analyst consider the trend to be bullish or bearish over this period? Explain. The net number in July is . (Round to the nearest whole number.) The net number in August is (Round to the nearest whole number.) The net number in September is I. (Round to the nearest whole number.) The net number in October is I (Round to the nearest whole number.) The net number in November is (Round to the nearest whole number.) The net number in December is (Round to the nearest whole number.) Would a technical analyst consider the trend to be bullish or bearish over this period? Explain. (Select the best choice below.) A. The number of new lows exceeded the number of new highs from July through December. There is a clear bearish, downward trend. OB. The number of new highs exceeded the number of new lows from July through December. There is a clear bullish, upward trend. OC. The number of new lows exceeded the number of new highs from July through December. There is a clear bullish, upward trend. OD. The number of new highs exceeded the number of new lows from July through December. There is a clear bearish, downward trend. Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Month July August September October November December New Highs 43 63 68 66 80 86 New Lows 20 30 46 23 32 34 Print Done

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