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Technical analysis: I. Can help the practitioner determine the exact price level at which a reversal will occur in the market. II. Identifies and describes
Technical analysis:
I. Can help the practitioner determine the exact price level at which a reversal will occur in the market.
II. Identifies and describes past and present price action.
III. Provides a descriptive representation of market action.
IV. Helps the practitioner make inferences about potential price action based on the assumption that price patterns are repetitive to some reasonable degree.
Select one:
A. Only III and IV are correct.
B. Only I, II, and IV are correct.
C. Only II, III, and IV are correct.
D. All are correct.
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