Question

The belief that trends and patterns tend to repeat themselves and are, therefore, somewhat predictable best describes:

A. arbitrage pricing theory.

B. technical analysis.

C. weak-form efficiency.

Answer = B

Technical analysts believe that trends and patterns tend to repeat themselves and are, therefore, somewhat predictable.

CFA Level I

"Technical Analysis," Barry M. Sine and Robert A. Strong

Section 2.1

 

 

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