Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which one of the following statement is INCORRECT? Select one: a. One of the basic philosophy and assumptions of technical analysis is that supply and

image text in transcribed
Which one of the following statement is INCORRECT? Select one: a. One of the basic philosophy and assumptions of technical analysis is that supply and demand are governed by numerous factors, both rational and irrational. The market weighs in all of those factors continually. b. One of the philosophy and assumptions of technical analysis is that stock prices tend to move in trends which persist for an appreciable length of time. c. One of the basic philosophy and assumptions of technical analysis is that market volume is not determined solely by supply and demand. d. One of the philosophy and assumptions of technical analysis is that market participants have different option regarding the market. Some are optimistic and some are pessimistic. Optimists buy shares from pessimists

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_2

Step: 3

blur-text-image_3

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

Double Your Profits In Six Months Or Less

Authors: Bob Fifer

1st Edition

088730740X, 9780887307409

More Books

Students also viewed these Finance questions

Question

3. Create a partnership strategy as described in Section 4.6.

Answered: 1 week ago