Multiple Choice
Which of the following is NOT considered an assumption of technical analysis?
A) Market value is determined solely by supply and demand.
B) Supply and demand are governed by both rational and irrational factors.
C) Security prices tend to move in trends that persist for an appreciable length of time.
D) Stock prices follow a random walk.
E) Changes in trend are caused by the shifts in supply and demand relationships.
Correct Answer:
Verified
Correct Answer:
Verified
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