Steve Purchased a Stock Last Year for $34 a Share

Steve purchased a stock last year for $34 a share. The stock increased in value to $36 a share before declining to its current value of $30. Steve has decided to sell the stock, but only if he can receive $34 a share or better. Steve is suffering most from which one of the following behavioral conditions?

A) Representativeness heuristic.
B) House money.
C) False fallacy.
D) Randomness.
E) Arbitrage reaction.