mcq pt5

a. 14. To a technician that believed in the importance of volume, a bullish signal would occur when Prices increase on light volume. b. Prices decrease on light volume. Prices increase on heavy volume. d. Prices decrease on heavy volume. None of the above. c. e. a. 15. A resistance level differs from a support level in that at a resistance level most investors would hold stock until the price improves; at a support level a stock becomes overvalued and investor interest is likely to decrease. b. at a resistance level the analyst would expect a substantial increase in the demand for a stock; at a support level the analyst would expect a substantial decrease in the demand for a stock. at a resistance level most investors would sell a stock; at a support level most investors would be willing to purchase a stock. d. Choices a and b. e. None of the above. c. 16. a. b. c. d. e. In an event study the objective is to Determine whether it is possible to predict stock prices. Determine how fast stock prices adjust to news. Examine the cross-sectional distributions of returns. Conduct a time series analysis of returns. Determine normal P/E ratios