Whilst i think those who solely rely on charts are akin to russian roulet, and whilst i also have argued and still insist we have a far better understanding of where the things heading based on its fundamentals and news. I do see the use of charts as useful for entry and exit points.
Clearly there are patterns to some extent, but in all honesty the first chartist who can prove AUT follows traditional charts over and over i will shout a carton of beer.
But the deal is you must be able to convince me and nursery that AUT follows traditional chartist pateerns over and over. hahha like to see that,
TXN Price at posting:
68.5¢ Sentiment: Buy Disclosure: Held