Technical analysts believe that the:
A) future stock prices are unpredictable and therefore plot past prices.
B) stock prices are in equilibrium and advise not to follow price patterns.
C) future stock prices are a reflection of the past and plot prices to find reoccurring price patterns.
D) stock prices are only predictable based on the outlook for corporations earnings.
E) SML is the most reliable predictor.
Correct Answer:
Verified
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