All of the following are assumptions made by technical analysts except:
A)Changes in trend are caused by shifts in supply and demand relationships.
B)Stock price movements are independent of one another.
C)Security prices tend to move in trends.
D)Supply and demand of securities are determined by various factors.

Question

Quizplus · Accepted Answer

Technical analysts do not assume that stock price movements are independent of one another. In fact, they often use pattern recognition and analysis of historical price data to identify potential correlations and trends between different stocks or markets.

All of the Following Are Assumptions Made by Technical Analysts