Question: Question 5 ( 2 5 marks ) ( a ) Explain three disadvantages of technical analysis. ( b ) Discuss briefly the reasoning behind a

Question 5(25 marks)
(a) Explain three disadvantages of technical analysis.
(b) Discuss briefly the reasoning behind a support level and a resistance level. (7 marks)
(c) Compute and interpret the NASDAQ TRIN ratio from the data below: (9 marks)
 Question 5(25 marks) (a) Explain three disadvantages of technical analysis. (b)

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