Obviously you are a fundy and not a tech - each to their own!
I prefer both and look for historic patterns to find momentum trades. You need pressure points for a lot (not all) of these momentum movements and that is what I search constantly for!
Some work extremely well.... others lag or do not perform as expected, but it does help to reduce Risk profiles also!
Even through skeptical eyes you must admit - even just over the last few years for example - that SBS has struggled around the 12c mark on a number of occassions!
That example is the whole point of my reply to you!
Trade safe!
SBS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held