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Posted On: 04/26/2017 4:38:40 PM
Post# of 72443
Broad market: for those interested, here's a summary of the results of the triple top.
http://www.marketwatch.com/story/us-stock-ral...2017-04-26
One of the reasons technical analysis can work for indexes and LARGE CAP stocks is that so many people use technical indicators, it becomes a self-fulfilling prophecy.
Technical analysis really doesn't work on "story" stocks like most small biotechs and tech stocks, because a news event can totally change everything.
http://www.marketwatch.com/story/us-stock-ral...2017-04-26
One of the reasons technical analysis can work for indexes and LARGE CAP stocks is that so many people use technical indicators, it becomes a self-fulfilling prophecy.
Technical analysis really doesn't work on "story" stocks like most small biotechs and tech stocks, because a news event can totally change everything.
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