Proponents of the EMH think technical analysts
A) should focus on relative strength.
B) should focus on resistance levels.
C) should focus on support levels.
D) should focus on financial statements.
E) are wasting their time.

Question

Quizplus · Accepted Answer

Proponents of the Efficient Market Hypothesis (EMH) believe that all available information is already reflected in stock prices, making it impossible to consistently achieve higher returns through technical analysis or any form of market timing. Therefore, they think technical analysts are wasting their time.

Proponents of the EMH Think Technical Analysts