[a “technical analysis” chart shows a lot of silly things: a bull flag, a falling wedge, a hairy bear channel, a bidet loop, a top bottom, a blood candle, and a testicular squeeze]
[character] Isn’t all that “Technical Analysis” stuff basically astrology?
[proud traderbro, index finger up, in his STONKS hoodie and backwards cap] Oh yeah? If TA doesn’t work, then how come most daytraders use it to successfully lose cash?
Of course retail daytraders don’t stand a chance against firms who do this for a living. Nor did anyone say that predictions are 100% accurate.
Doesn’t change the fact that predicting changes in the markets based on previous trends is nothing like Astrology.