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Re: FlyFishingStocks post# 432777

Saturday, 02/01/2025 7:56:52 PM

Saturday, February 01, 2025 7:56:52 PM

Post# of 447967
FFS TA may work for some until there is an unexpected announcement ...major clinical trial fails or spectacularly succeeds .
DeepSeek comes out of nowhere and decimates NVDA when the market opens .
If NVS announce a bid for AMRN before the open on Monday ( as example , not predicting ) your TA analysis gets destroyed .

Having said that ...in trending markets I consider TA. Traders pay attention to over sold RSI readings , 50 day MA , descending or rising chart lines etc etc , but IMHO ....fundamental events like buy out announcements , trials stopped for serious adverse events etc ...trump all

JMO
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