Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The only time that technical stock research is useful is when the forces of supply and demand impact the price trend that is being evaluated.

The only time that technical stock research is useful is when the forces of supply and demand impact the price trend that is being evaluated. It is possible that employing technical analysis to analyze stock prices will not be beneficial when the price movement is influenced by external variables. Analyzing patterns in stock prices using technical analysis is a sort of analysis that, like other forms of analysis, becomes more difficult as more factors are evaluated

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Economics

Authors: Bradley Schiller, Karen Gebhardt

10th edition

125923570X, 978-1259235702

More Books

Students also viewed these Economics questions