Question: Answer please the Questions below in WRITTEN FORM ONLY 8) Joe bought a stock at $57 per share. The price promptly fell to $55. Joe

Answer please the Questions below in WRITTEN FORM ONLY

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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