To me, anything that the entire world can do has no value, and everyone has access to read the charts.
Plus, if it was so valuable then the big brokerages would have sophisticated chart reading programs and a team of people assigned to this process, so they could anticipate every movement ahead of the pack, in which case there would be no profit left for the smart investors like me who focus on fundamentals. Investing is tough enough to make a buck in without magic answers, so if the big profits were skimmed off by magic readers and insider action taking some more, then the rest of the people would not even be able to break even.
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