Target Price, page-19

True hicbart, but in reality thats exactly what TA looks at.

It doesnt look if the announcement is good, great, average or bad, it just looks to see whether money is flowing into or out of the stock in any given time frame. It looks to see what the big end of town is doing and to trade along side them.

There is no right or wrong as depending on when you enter or exit the end results will always be skewed, good luck all what ever your cup of tea.