Hummms,
The reason i have stated to use the chart "first" is because alot of unweary trader do research , etc,etc,etc and then lastly check the chart. If you do that to a company like eg. ASX:PES. you would realise it has risen from 30c to $8 and it would be madness to buy at those levels. I am just trying to get the point across that you need to do a check on the chart before any further study. Dont get me wrong i also do agree with you. now i can make a modification.
1) check the chart ( quickly ro see where the price level is)
then do the research etc.
then check the chart again.
Sorry i did not make myself clear enough.
Regards,
UMC
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