
Technical | Analysis page 81 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
52 Part | Introduction Wuat Is THE EMPIRICAL SUPPORT FOR TECHNICAL ANALYSIS? Despite the theoretical criticisms, can technical analysts use past price data to predict future price movement? Over the years, hundreds of studies have been conducted to test the efficacy of tech- nical trading rules.…