Chartists Advocate That

question 51

Multiple Choice

Chartists advocate that

• A) history repeats itself.
• B) patterns appear that are very clear and distinctive.
• C) formations are less important than the direction of the latest price movement.
• D) a breakout below a support line is a buy signal.

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Definitions:

Dynamic Processes

Processes that are characterized by constant change, activity, or progress within a social or natural context.

Structuralists

Thinkers who analyze societal elements based on the underlying structures that determine their nature, often focusing on language, culture, and social relationships.

External Stimulus

Any event or situation outside of an organism that provokes a response or reaction.

Herbert Blumer

An American sociologist who significantly contributed to the development of Symbolic Interactionism, a theory that emphasizes the importance of symbols and meaning in human interaction.