fascinating chart-where to from here, page-6

For me, charting is the prediction of future prices based on historical prices. I don't distrust it, there is just a lack of evidence that supports it's usefulness.

The closest you might get to achieving this short term objective is deploying volatility models GARCH/GJR/EGARCH etc. Their forecasting can be useful but the problem is that there is no way of knowing when the state of the market has changed (starts/ends etc) and hence the model outdated. And furthermore you can't predict the future state of the market, as chartists attempt, based on historical states..

The recent behaviour of SDL in no way discredits fundamental analysis. It is not concerned with timing the market.

And furthermore a company "denying any new information in ASX disclosures" does not mean there is not new information in the market (apologies for the double negative).

Ironic you bring it up given the recent Nobel prizes for economics. Per haps you'd be interested in comparing the different forms of the EMH.