I've been successful with technical trading and know others who have as well. I don't feel the need to justify it on message boards, I guess until now . It's just a tool in the toolbox, and hard to say what percentage of my moves are attributed to technical analysis versus fundamental, experience, intuition, momentum, etc. Sometimes technical analysis is 5% of my trade, sometimes it is 100%. I found CTIX through TA, and I'm thankful for that. Digging in made me want to keep watching. A portion of my holdings will be held as long as certain fundamental aspects stay intact. Another portion will increase and decrease on the combo of technical, and all the other attributes listed.
My TA says CTIX should reach $5-7 on the current breakout, and should most likely be supported by $2.40-2.70, should it be tested. Everyone sees it differently, but that's my plan for my trading portion. Probably the key point, it helps one plan. Not everyone can execute the plan, myself included
Something happened - which unleashed the power of our imagination...