Free Online CFA Level 1 Mock Exam 8

10. One of the main advantages of technical analysis over fundamental analysis is:

A. technical analysts have actual and observable data available to arrive at the results.

B. technical analysis incorporates the relevant economic data to arrive at the results.

C. technical analysis can be effectively put into use for thinly traded stocks.

Correct Answer: A

Answer Explanation:

The main advantage of technical analysis is that it is based on actual market data that is easy to observe and not subject to manipulation.

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