So TA is basically bollox and unreliable? I undertand the basics when I see a chart but TA can't factor in unexpected or even expected events can it? It seems to solely look for repetative patterns/trends and uses that to suggest future movement. The tighter the lines then perhaps more accurate/less accurate but if a good/bad ANN or more USA crap pops out (Macro-nomics) then it knackers the entire chart so it seems to me that if we lived in a world of no news/global peace/ no company ANN'S then TA would be useful but until then we may aswell use gut feeling and research! Thankyou for your reply though, it is appreciated and all just imo
AVZ Price at posting:
15.5¢ Sentiment: Sell Disclosure: Not Held
