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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: 3. Would a technical
Following are figures representing the number of stocks making new highs and new lows for each month over a six-month period: 3. 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.) Data Table The net number in August is . (Round to the nearest whole number.) The net number in September is . (Round to the nearest whole number.) in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) The net number in October is ound to the nearest whole number.) Month New Highs New Lows 16 The net number in November is . (Round to the nearest whole number.) July The net number in December is . (Round to the nearest whole number.) August September October November December Would a technical analyst consider the trend to be bullish or bearish over this period? Explain. (Select the best choice below.) Print Done O A. The number of new highs exceeded the number of new lows from July through December. There is a clear bearish, downward trend. OB. The number of new lows exceeded the number of new highs from July through December. There is a clear bearish, downward 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 bullish, upward trend
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