Unpopular opinion on CT
If TA and line drawers were more accurate than fundamental analysis. Then Wallstreet would be dominated by line drawers and not economists.
"Show me that chart and I will tell you the news" is probably the silliest thing I have read retail influencers throw around.
With that said. I use TA and use it quite well. But make no mistakes that fundamentals will keep you from getting brutally rekt. Know that the painter paints. He can't however make up fundamentals, revenue and earnings without risking jail time.
If TA and line drawers were more accurate than fundamental analysis. Then Wallstreet would be dominated by line drawers and not economists.
"Show me that chart and I will tell you the news" is probably the silliest thing I have read retail influencers throw around.
With that said. I use TA and use it quite well. But make no mistakes that fundamentals will keep you from getting brutally rekt. Know that the painter paints. He can't however make up fundamentals, revenue and earnings without risking jail time.
