Nate Church is a high-net-worth investor with 5% of his equity allocated to MT Company (MTC). MTC experiences a 20% drop in price over the past two weeks, even though no new information has been released by the company and its daily trading volume has decreased. MTCs industry index has risen in value over the same time period by 2%. Church responds to the price decline by changing his allocation of MTC to 7.5%. Church is most likely showing signs of: Group of answer choices Hindsight bias. Confirmation bias. Clustering illusion. Irrational escalation