I would like to comment about how can technical analysis possibly account for the unexpected sudden death or illness of a guy like steve jobs. A sudden unexpected major lawsuit against a company. Even a unexpected earnings suprise on the downside. What about a takover offer for a company that nobody expected. I have nothing against technical analysis Although I remain skeptical about it but I do find it interesting to listen or read about it. I am at heart a fundalmentist when it comes to investing because I believe that invariably and in the end a companies stock price must at some point reflect the performance of the company.
Quite the opposite, I must say I like technical analysis. But as you say, if you invest in stock it is better to use company fundametals. In my swing trading I use mostly technical analysis and it works well. I think technical analysis is made to look complex on purpose. But the truth is the technical components that work are very simple.
I have just stumbled upon a very interesting report about Rarus International on the following link: http://www.hotstocked.com/companies/r/rarus-technologies-inc-RARS-97692.html I saw there that a massive promotional campaign has been going on about this company these days and I wonder whether it's worth to take advantage of this situation?
I would like to comment about how can technical analysis possibly account for the unexpected sudden death or illness of a guy like steve jobs. A sudden unexpected major lawsuit against a company. Even a unexpected earnings suprise on the downside. What about a takover offer for a company that nobody expected. I have nothing against technical analysis Although I remain skeptical about it but I do find it interesting to listen or read about it. I am at heart a fundalmentist when it comes to investing because I believe that invariably and in the end a companies stock price must at some point reflect the performance of the company.
ReplyDeleteQuite the opposite, I must say I like technical analysis. But as you say, if you invest in stock it is better to use company fundametals. In my swing trading I use mostly technical analysis and it works well. I think technical analysis is made to look complex on purpose. But the truth is the technical components that work are very simple.
ReplyDeleteI have just stumbled upon a very interesting report about Rarus International on the following link:
ReplyDeletehttp://www.hotstocked.com/companies/r/rarus-technologies-inc-RARS-97692.html
I saw there that a massive promotional campaign has been going on about this company these days and I wonder whether it's worth to take advantage of this situation?