Question 5—Fundamental and Technical Analysis
Which of the following statements about fundamental and technical analysis is incorrect?
1. A fundamentalist calculates the value of the business that issued a stock.
2. Having precise information about the fundamentals tells you exactly which way a stock is going to go.
3. A technician looks for repetitive patterns in price data.
4. A pure technician does not care about earnings or corporate news; he only wants to know the stock ticker and price history.
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