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No that stuff is worse than astrology
Everything including your unborn first child is already priced in the market, a few trades? Sure, over the long run? No.
Lol
Just by using technical analysis? No. It can only be used as a market « thermometer ».
You can use technical analysis to determine market psychology patterns, probable entry and exit points, but by no means does TA predict price movements.
Just look at Netflix’s chart and try to predict the crash it had this week. It’d be impossible.
Only if you’re an algorithm at RenTec’s Medallion Fund