Yu, Hao; Nartea, Gilbert V.; Gan, Christopher; Yao, Lee J. - In: International Review of Economics & Finance 25 (2013) C, pp. 356-371
This study investigates whether the moving average and trading range breakout rules can forecast stock price movements and outperform a simple buy-and-hold strategy after adjusting for transaction costs over the period from January 1991 to December 2008. The empirical results show that the...