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Investors Who Believe in the EMH Think That Technical Analysts

Question 16

Multiple Choice

Investors who believe in the EMH think that technical analysts:


A) should look solely for resistance and support levels for stock prices.
B) should concentrate on looking at charts for patterns of stock price changes.
C) should concentrate on contrary indicators as investors make the most money when they go against the market.
D) should not bother doing technical analysis since stock prices already reflect all price and volume data.

Correct Answer:

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