Day traders' Anzac long weekend lounge April 22 - 25, page-70

  1. 12,908 Posts.
    lightbulb Created with Sketch. 1055
    @Tommyp was not suggesting that charts tell you all about a stock. He was only asking a TA question.

    May I suggest it is irrelevant to focus you post on only mining stock as anyone investing/trading would be wise to explore both TA and FA depending on their investment time horizon.

    For example in day trading it is without doubt focused on TA whereas any longer hold should indeed encapsulate a study of both TA and FA.

    I do agree that as part of FA one should deep dive into a company and develop a appreciation of;
    • The product (is it unique or simply offering an additional product in a crowded market -such as the plethora of BNPL products)
    • The management and their past history/experience (no point investing if management have either no skin in the game or or no knowledge of sector).
    • The financial position.
    To name but a few examples.

    Similarly, with mining minnows, and in general most stocks I would suggest that TA is indeed of benefit and is generally driven by either news from the company or from some Investment group "opining their investment thesis" generally after having invested!

    Lastly, neither are foolproof but do provide some insight so that one may make a somewhat informed decision.

    Cheers




 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.