Question: Answer please the Question below, TYPED written in 100 words atleast with explanation 8) Joe bought a stock at $57 per share. The price promptly

Answer please the Question below, TYPED written in 100 words atleast with explanation

Answer please the Question below, TYPED written in 100 words atleast with

8) 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, what form of the EMH would this contradict? Why

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