Sphere 3D Corp. (ANY)

[blueblizzy]

You have to realize that while there is a certain science behind TA, it is more often up to biased interpretation from the one doing the analysis. I say it is ironic because the whole point of TA is to take human emotion out of the equation. With so many different indicators out there, you can find a bullish or bearish case by selectively choosing the right indicators.

Case in point, go to stocktwits.com and take a look at any of the more popular stocks (ie. NUGT/DUST pairs). Traders will post their TA thesis by choosing only the indicators that back up their call. When an inflection point is reached, one side usually stays quiet while the other side says "I told you so". Rinse and repeat cycle.

Some TA indicators are unreliable with small caps. When it is so easy for one entity to paint the daily high/lows/closing prices, candlestick patterns are extremely unreliable (eg. doji). That's not to say that TA is useless though. I find it an invaluable tool. There are indicators that have a higher rate of accuracy than others.