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All of the following are assumptions made by the technical analysts excepta.supply and demand of securities are determined by many factorsb.Security prices tend to move in trendsc.Stock price movements are independentd.Changes in trend are caused by shifts in supply and demand relationshipsClear my choice

Question

All of the following are assumptions made by the technical analysts excepta.supply and demand of securities are determined by many factorsb.Security prices tend to move in trendsc.Stock price movements are independentd.Changes in trend are caused by shifts in supply and demand relationshipsClear my choice

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Solution

The correct answer is c. Stock price movements are independent.

Technical analysts do not assume that stock price movements are independent. Instead, they believe

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