Charting of past prices
Can the charting of past prices be used to predict future prices?
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Investors use several methods of technical analysis to predict the future prices, like candlestick chart analysis, moving average curve, etc. These methods essentially use the historic price patterns to predict the future stock price. The charting of past prices is useful because the stock market and other markets repeat themselves in predictable patterns that the trader can read the first part of a stock price pattern in order to anticipate the second. By executing well timed trades it is possible to profit from predicting stock price in this way.
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This profit-maximizing pure competitor would close down within the short run when the price fell below the price resultant to: (i) point c. (ii) point d. (iii) point e. (iv) point f. (v) point g. Discover Q & A Leading Solution Library Avail More Than 1433112 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1929988 Asked 3,689 Active Tutors 1433112 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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