Hi Rick Firstly love your enthusiasm and dedication on trying to...

Hi Rick

Firstly love your enthusiasm and dedication on trying to learn as much as possible .

Secondly with complete disregard to your questions, hope you don’t mind, I would to impart a few comments AIMO

FA on a stock will define the direction. TA will only assist in entires and exits.

Also TA at best defines areas of interest to watch the price action IT DOES NOT PREDICT THE FUTURE. I often feel that people in general use TA as a security blanket to GUESS what is going to happen next. TA will never tell you this.

TA for whatever value it adds applies significantly less at the spec end than mid to large with steady regular volume when compared to spec volume which is not even close to consistent enough over the longer term .

Instead if I may be so bold enough to suggest rather than using TA to try and predict the future use it to develop and fine tune a process / criteria upon which to enter and exit buys and sells. If your in a trade , as long as your exit criteria has not been violated hold. TA is a history map, and does not prevent anyone buying or selling on a whim or news coming out to change all events.

Don’t mean to deminish your efforts or enthusiasm which I can see are considerable. For the record I LOVE TA but price action and volume during trading is MUCH MORE IMPORTANT than a static chart.

If you build a criteria and process which delivers an edge you’ll be around for the long term and no need for crystal balls.

Cheers