Technical analysts are most likely to be successful in a market that is considered:
A) semistrong-form efficient.
B) not to be strong-form efficient.
C) not to be weak-form efficient.
D) to follow a random walk.

Question

Quizplus · Accepted Answer

Technical analysts are most likely to be successful in a market that is not weak-form efficient because weak-form efficiency implies that past price information is already reflected in current prices, making technical analysis ineffective.

Technical Analysts Are Most Likely to Be Successful in a Market