<<Charts can't predict a CEO leaving the company or the reason that he left!>>
I disagree. You must assume that charts have a life of their own, while I believe charts are simply a reflection of real world. They predict when an event such as a winning drug will come out or bad news such as a management change. Do you think that charts can be over studied? I do. The chart I look at clearly said "sell" on PANC. (P&F)
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