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by spaghettiToy 1382 days ago
Is technical limited to the publically available numbers?

Or reading a vision statement, watching commercials, etc.... Because that is getting less technical and more feely.

With some exception (Tesla), technical analysis has major limitations. I don't really have time to figure out if a CEO has new back pain and started taking opioids.

There's a reason index funds are so popular. You hold a belief that growth will continue. You basically need that belief anyway when investing in individual companies.

1 comments

Technical analysis is a pattern and geometric-based form of financial divination typically starting with candlestick charts. It's not that the haruspices of technical analysis couldn't incorporate other instruments, but the vast majority don't. While it would be fun to see a numerologic or arithmancic approach to 10-Ks for example, it might be pulling back the veil a bit too much.
Financial divination is a good way to put it.