Some Technical Analysts Use Fibonacci Numbers to Predict

question 84

Multiple Choice

Some technical analysts use Fibonacci numbers to predict:

• A)primary trend breakthroughs.
• B)market turnarounds.
• C)secondary market trend lines.
• D)relative performance values.
• E)resistance and support levels.

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Definitions:

Investment Opportunity

A financial or economic chance to invest capital with the expectation of achieving a profitable return.

Risk Averse

Condition of preferring a certain income to a risky income with the same expected value.

Expected Benefit

The anticipated or forecasted gain or advantage that arises from a specific action or decision, often considered in cost-benefit analysis.

Subjective Probabilities

Individual assessments or beliefs about the likelihood of future events, based on personal judgment rather than objective data.