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Medical Industry Stock - Pfizer Inc. - (PFE)Complete a technical analysis on your selected stock. Youranalysis may involve any one or more of the technical measureslisted below:Dow TheoryCandlestick chartsOdd-Lot TheoryPut-Call RatioShort SalesVolume indicatorsAdvance-decline linesBollinger bandsComplete the following tasks:Assess the current price in relation to the technicalindicator(s).Assess whether corporation's stock price reflects a "randomwalk" or if there are patterns in its time series of prices. Reviewthree to five years of data.Complete a review of news or events that could have causedinvestor overreaction in regard to stock prices. Address majorchanges in stock prices of the investment over the last 3 threeyears.Answer the question: Do you believe efficient markets rendertechnical analysis ineffective in earning consistent abnormalreturns?
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