NST 1.43% $15.90 northern star resources ltd

Fundamentals haven't changed, page-139

  1. 432 Posts.
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    I agree with your comment:
    A lot use chart the 'wrong' way and are therefore stigmatising the TA community with such foolish actions as to pretend they can predict where price is going. There is a plethora of tools aiding this section of the TA community and equally a big following seeking to peek into the future. Futile exercise IMO but folks are always wanting more exotic way of predicting

    I agree. I use charts to identify whether it is in uptrend/downtrend, or sideways, or no useful guidance. Also support and resistance.
    Charts cannot forecast the future.
    However, my track record since 2008 on my margin portfolio has been pedestrian. I suspect it is partly due to being whipped in and out by the ‘market manipulators’ using their collective market muscle to trigger chart points.
 
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