Answer:
False.
Step-by-step explanation:
The reversal effect is a theory in the field of business and investment that establishes that markets move in an oscillating way, that is, with constant ups and downs, which occur in reverse: if a share rises in a day set of days, the most logical and expected thing is that it comes down proportionally.
Thus, according to this theory, the performance of a market instrument is determined by its ability to maintain value at times of decline.