Which of the following are true of the concepts of divergence and confirmation in technical analysis
A. They are opposite concepts
B. Confirmation has a valid technical interpretation but in the case of divergence, no valid conclusion can be drawn
C. Confirmation indicates a likely change in trend since all technical indicators are in agreement
D. Divergence indicates continuation in trend since different technical indicators do not agree
Answer:A
Which of the following are true of the concepts of divergence and confirmation in technical analysis
A. They are opposite concepts B. Confirmation has a valid technical interpretation but in the case of divergence, no valid conclusion can be drawn C. Confirmation indicates a likely change in trend since all technical indicators are in agreement D. Divergence indicates continuation in trend since different technical indicators do not agree