I am an FA person but agree charts have their place as an additional tool. Charts I believe can sometimes reflect information available to a few but not the general market , they can reflect selling or buying exhaustion , they can reflect macro moves not yet evident in stock specific news . Let's not forget that many of the instos the. Buy and sell stocks also influence price of commodities and other things .
Personally I would never trade on charts alone but they can be used for entry , exit and even indications of market info inequality .
Chartist can be wring but is so can FA as it is based inks assumptions and there is never an absolute truth , only interrelation of facts
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