Technical_Analysis_page_617

Technical | Analysis page 617 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

588 Part IX Appendices Look at Figure A.1. Notice that there is a general tendency for KO to be up when PEP is up, and for KO to be down when PEP is down. If the two stocks had been negatively correlated, they would have generally been moving in opposite directions. The actual correlation…