Charting has been shown time and time again to not be able to accurate predict future share price movement
youre looking into the past of what happened previously when the company was also at a different point of maturity the product was different. The uptake and consumer knowledge was differnt.
the macroeconomics were all different
using charting on historical data to predict future shre price is a joke 99 percent of the time.
but I do love reading the comments people make about charting. If it makes them feel warm and fuzzy great. But it doesn't help you predict future share price.
Z1P - What will be the bottom before the bounce., page-637
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