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:

Short-Term Gains

Benefits or profits achieved in a brief period, often at the expense of long-term outcomes.

Unethical Behavior

Actions that go against moral principles and professional standards, often harming others.

Value Statements

Declarations that articulate an organization's core beliefs and guiding principles, intended to serve as a compass for behaviors and decisions.

Ethical Guidelines

A set of principles designed to guide behavior and decision-making to ensure moral and professional standards are maintained.