Technical analysts are most likely to be successful in a market that is considered:
A)Semi-strong-form efficient
B)Not to be strong-form efficient
C)Not to be weak-form efficient
D)To follow a random walk

Question

Quizplus · Accepted Answer

Technical analysts are most likely to be successful in a market that is not weak-form efficient because weak-form efficiency implies that all past trading information is already reflected in stock prices, making technical analysis ineffective.

Technical Analysts Are Most Likely to Be Successful in a Market