The Elliot Wave Theory Maintains That the Bullish Behaviour of the Share

question 32

Multiple Choice

The Elliot wave theory maintains that the bullish behaviour of the share market can be explained as:

• A) a series of medium-term and long-term waves.
• B) a series of long-term waves upwards, and short-term waves downwards.
• C) a series of three major waves upwards, followed by two major waves downwards.
• D) none of the given answers.

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Definitions:

Dividend Increase

An action by a company to increase the amount of money paid out to shareholders per share, typically signaling financial health.

Market Rate

The current market rate for interest on investments or loans available in the marketplace.

Annual Dividend

The annual dividend income a shareholder is awarded from a company.

Quarterly Dividend

A dividend payment made to shareholders four times a year, typically every three months.