Yeah I have to say after watching this CCC story for the past six months, I have far more respect for TA
I still don't want to play that way it is not my game, but I think so many people are trading off this basis that you ignore it at your peril.
I personally buy and hold for a period of time to try for large profit in the 100's of percent. It does not always work out like that, but my strategy means that I am not emotionally influenced by trading moves (in fact understanding what is happening even gives more confidence, as I can see that games that are not being driven by fundamentals).
Even for people with a longer view than most, TA is imperative when trying to time entry and exit points.
I would say try to understand as much as you can from both angles FA & TA and you will be able to make much more informed decisions and importantly will better understand what is happening and why.
I know this has been discussed on here to death, but I have been in working in the garden this morning, my kids are all on holiday and wife has just had another baby, so felt the need to write something...
CCC Price at posting:
84.0¢ Sentiment: Buy Disclosure: Held