Problem

Use the following information for the next two questions: Technical analysis is a contr...

Use the following information for the next two questions:

Technical analysis is a controversial investment practice. Technical analysis covers a wide array of techniques, which are all used in an attempt to predict the direction of a particular stock or the market. Technical analysts look at two major types of information: Historical stock prices and investor sentiment. A technical analyst would argue these two information sets provide information about the future direction of a particular stock or the market as a whole.

Technical Analysis What would a technical analyst say about market efficiency?

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