Technical analysis is used for which of the following purposes?
I.Deciding when to enter the market.
II.Deciding whether to sell a stock.
III.Deciding which stocks to buy.
IV.Deciding whether basic economic conditions are favorable for investing.

Question

Quizplus · Accepted Answer

Technical analysis is primarily used to determine the timing of market entry and exit (I and II) and to identify potential stocks to buy (III). It does not assess basic economic conditions (IV), which is the realm of fundamental analysis.

Technical Analysis Is Used for Which of the Following Purposes