Technicians Believe That an Industry or Stock That Is Outperforming

question 58

Multiple Choice

Technicians believe that an industry or stock that is outperforming the market will tend to

• A) continue to outperform the market.
• B) return to normal.
• C) reverse trend.
• D) meet a resistance level.
• E) form head and shoulder patterns.

Compute probabilities applying appropriate probability rules.

Understand the concept of conditional probability and its calculation.

Grasp the concept of independent events and how they affect probability outcomes.

Identify and apply the correct approach to assigning probabilities (classical, relative frequency, or subjective).

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Definitions:

Title To Property

Legal rights that prove ownership or possession of a specific piece of property, either real estate or personal property.

Bailed Property

Property given to someone for temporary safekeeping under a bailment agreement.

Bailment Agreement

A legal arrangement in which one party temporarily transfers possession of property to another, with the understanding that it will be returned.

Court Order

A formal direction issued by a court or judge requiring a person or entity to do or not do something.