SDL 0.00% 0.6¢ sundance resources limited

new charts , page-45

  1. 29 Posts.
    no offence to be taken here please, but, surely share prices are not something that really is effected by technical analysis?

    Example, any news forthcoming, is purely fundemantal, and I cant see how any technical analysis plays a part in this.

    After being a currency trader for 8 years, and seeing 90% of people lose, and 90% follow technical indicators, it doesnt really make sense to me relying on historical data to "predict" future movements.

    Example try and apply t/a to CNP, 100% fundamental.

    I am watching some other stock and have a friend telling me all the t/a details, but, the price will not move until news, good or bad.

    Please enlighten me if I am wrong.



    Just my opinion. :)
 
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