I actually think there is something to technical analysis. Possibly it is measuring average attitudes, confidence levels, beliefs, etc., etc., among people who invest in stocks. Psychological and sociological forces are amenable to mathematical modeling, just like the physical forces are. The trends and patterns in TA very well might be a way of visualizing these forces at work, even if we can't give them definite values. But in a case like this, with CYDY and leronlimab, I think its best to step back and look at the big picture. In other words, the underlying forces driving investor sentiment are not hidden or obfuscated in this case. Leronlimab appears to be a miracle drug, word is getting out, and investors are becoming more and more likely to buy, driving up the stock price. That's why I am getting a little impatient with some of the TA, not because I think it is all unadulterated BS. I don't think that. I read posts talking about TA with interest.
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