All broking houses have chartists, but for their own use, TA cant value a co.
When a broker recommends he has to put out FA with a growth path earning potential.PE,EPS etc. Thats why they are long term investments, charts are for active traders in and out type, not Mums and Dads
When Babcock and Brown went under Technically it was a breakout, on FA everyone had her as a sell , many got taken including me, thanks to TA
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