To me Charting and Technical analysis is not a stand alone tool. It works with insider buying and news and rumors of news. I do not put all my faith in one but I do like to see how they correlate with each other. I am in this play for the long haul in my retirement account and then have a trading account specifically for day and swing trades. I can not stress enough that a trade can go either way although some will never listen lol. Thank you good luck