RE: Close above 88p - Technicals15 Apr 2026 21:43
ta or charting is forecasting the future, based upon the past. if enough people believe in it and act upon it, it becomes a self-fulfilling prophecy. and this tends to work on the tidal waves of trades in large volume stocks with tens of thousands of trades daily. just ask king canute about that.
however, on aim where you are generally up ****e creek beyond the tidal limit, and without a paddle, it doesn’t work. the length of tidal bore up the creek does respond to celestial movements, which the day trading observer at the mouth of the creek can exploit as a momentum trader and make money.
the only certain way to make money on a stock exchange is to have inside information, just as the inhabitants of the white house are doing on a daily basis. call in on 01-202-456-1111 and ask them for tips on what the don will do tomorrow.