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What Is "Technical Analysis"? Does It Mostly Support or Refute

question 29

Essay

What is "technical analysis"? Does it mostly support or refute the random walk
theory?


Definitions:

Piloerection

The involuntary erection or bristling of hairs on the skin, often caused by cold, fear, or emotional stimuli; also known as goosebumps.

Rorschach Inkblot

A psychological test in which subjects' perceptions of inkblots are recorded and then analyzed using psychological interpretation or complex algorithms.

MMPI

The Minnesota Multiphasic Personality Inventory, a comprehensive psychological testing instrument.

Ethnic Minorities

Groups within a larger community distinguished by racial, national, linguistic, or cultural heritage, often holding a smaller percentage of the population.

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