I go back and forth on this. Sometimes I see chart TA people just straight up nail the price moves and I think, "Gee, I should learn TA." Then I'll see a TA char watcher completely blow a call and I think, "Gee, TA is all BS."
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Yeah it's 50-50 no different then you or I say (without using charts) buy now at this price. Could go up or could go down. Charts are a waste of time, when they look like they made a good call thats the 50%. The other 50% of the time the chart person is wrong.