Anyone can become a chartist. Becoming a chartist provides the lowest barrier to entry for an investor/speculator/trader. Chartists don't know/don't want to do homework so they let the chart inform their decisions, hoping that price action gives them a clue as to what the smart money might be doing. Here is a hint, have a look at the share holdings graphic in the corp presentation and see how it's evolved over the last few months - insto holding is rising as retail holdings fall.
Don't be a chartist. Chartists are lazy and they are price-takers.
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