Then hit me with some analysis that suggests otherwise!
I agree this one's been hard to chart. Charting evolves as we get new data points, so while it can help with forecasts, often it takes a reversal to give us those data points. News can also change the course quickly. (Yesterday's surprise breakout)
No one knows the future but it's unwise to gamble on sentiment alone. TA is one of many tools to help form a complete picture of the possible risks and rewards.
This is 100% true. I watched “chart guys” on other ENZC groups and boards for 3/4 of the past year try to tell us what was coming with charts and like you said, they were wrong 90% of the time and most have since given up on it.