Joe bought a stock at $57 per share.The price promptly fell to $55.Joe held on to the stock until it again reached $57,and then he sold it once he had eliminated his loss.If other investors do the same to establish a trading pattern,this would contradict _______.
A)the strong form
B)the weak form
C)technical analysis
D)the semi-strong form

Question

Quizplus · Accepted Answer

Weak form efficiency is used to describe the market when prices fully reflect the information contained in past price movements.

Joe Bought a Stock at $57 Per Share