CHAPTER 1: INTRODUCTION

4. In technical analysis, it is assumed that all information is already embedded in the ___-
7. When the time span is ___ it is easier to identify the trend.
8. is one of the market data being referred to in technical analysis.
10. For long-term investors, they are primarily concerned with the direction of a ___ trend
12. When the next peak is higher than the previous peak; and the next trough is higher than the previous trough, it indicates an ___ price movement.
15. ___ trend is one of the widely used trends in technical analysis.
16. ____ analysis is useful when deciding when to enter or exit the market.
18. The interpretation of information and the reaction of people using it is one of the disadvantages of using technical analysis. This statement is explaining about self ____ prophecy.
19. As opposed to fundamental analysis, technical analysis does not attempt to measure the ___ value of a firm's stock.
21. ___ is the low point in the price movement.

1. One complete cycle of primary trends usually lasted approximately ___ years.
2. trading strategies are based on the assumption that the future price movement is likely to be in the same ___ as the trend.
3. ___ uses fundamental analysis primarily in their stock analysis.
5. This trend is mostly influenced by psychology and the instant reaction of market participants to the news event
6. The repetitive cycle of price movement is due to the psychology of the market participants that tend to ___ to similar market stimuli over time.
9. one of the benefits of using technical analysis is the ___ of the said analysis on any market (not only the stock market.
11. ___ is one of the recurring keywords when describing technical analysis
13. One of the philosophies of technical analysis is the market ___ everything.
14. Prices never move in a straight line, the high point in the price movement is known as ___.
17. A secular trend is also known as the super ___.
20. the technical analyst is also known as a ___.