They make sense to people who know how to chart. Much like a foreign language. If you haven't learned to speak the tongue, then it all sounds like gibberish. If, on the other hand, you have been around the language for many years, it's quite easy to understand. Anyone who believes that low priced securities can't be charted is woefully misinformed. Anything can be charted. Candlestick charts were used by the Chinese many, many years ago to chart rice inventories. Anything that happens on a regular basis has a pattern. ASTN trades on a regular basis, and therefore, has a pattern.