RE: Results6 Jun 2025 12:30
Think of charts as a visual representation of the mass sociology of the market. Many investors only think about their buy, can I get my money back, I’ve doubled my money etc. Little bearing on what the company has or about to do. simple measures of that are useful. How many times has a share gone down on good news? Madness of crowds is a good read to understanding why charts can help but only apart of investors handbook.
If you like it can give the probability of how the market would react to good or bad news. But only that. IMHO