Question: Please answer both!!!!!!!!!!!! 3. What is the purpose of technical analysis? Explain how and why it is used by technicians; note how it can be

Please answer both!!!!!!!!!!!!

3. What is the purpose of technical analysis? Explain how and why it is used by technicians; note how it can be helpful in timing investment decisions.

4. Briefly describe each of the following, and explain how it is used in technical analysis:

  1. Breadth of the market
  2. Short interest
  3. Odd-lot trading

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