You have discovered from looking at charts of past stock prices that if you buy just after a stock price has declined for three consecutive days, you make money every time! This is a violation of ________ market efficiency.
A) weak form
B) semi-weak form
C) semi-strong form
D) strong form
E) TSX stock

Question

Quizplus · Accepted Answer

This scenario violates weak form market efficiency, which posits that past trading information, such as stock prices and volumes, is already reflected in stock prices and cannot be used to achieve consistent excess returns.

You Have Discovered from Looking at Charts of Past Stock