"I really can't believe that someone would invest purely on TA - what a odd world we live in, with such strange people in it!"
One of the most successful hedge funds in the USA (trading globally 24/7) which has had only two losing months in the past nine years (both months losses being less than 0.25%) use nothing but technical analysis, however they do engage the help of a significant bank of computers and over fifty PhD research staff. The company's profits run into the billions of USD each year, and the market cap of CCC is too small for their systems to trade. All trades are fully computerised and no human ever intervenes with a buy or sell order.
CCC Price at posting:
72.0¢ Sentiment: LT Buy Disclosure: Held