RE: SP ~14 Mar 2021 15:46
Many years, many many years ago, 1984/85/86, I worked for Brian Marber, a well known legend in the chart world. I was late teen early twenties, I learnt a little bit from him about charts, not that he actually sat down and showed me, I just watched occasionally and listened, I wasn't really that interested, booze and women were my thing at the time. But it always, even then, seemed to me to be a self fulfilling prophecy, which in some ways it is. I do take an interest in charts, and look out for 'heads and shoulders' 'flags' double bottoms, averages etc. They have a place in the markets, but I feel they should just be one of the tools used as a guide, nothing beats good research into a company, before taking the plunge.