Q3. Which of the following is NOT considered as an assumption of technical analysis? a. Market value
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Q3.
| Which of the following is NOT considered as 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. |
Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th edition
Authors: Gerald E. Whittenburg, Steven Gill
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