/biz/ - Business & Finance

I used to make fun of TA but it's actually pretty based (and simple). For instance here this is a descending triangle. It usually breaks to the downside. I'll simply sell my linkies when it breaks to the downside and buy them backafter the measured move. TA also taught me that after a huge pump like this it usually dumps or correct, so the probability of breaking down is even higher. Also, TA is great because it allows for misinterpretation, for instance here if link breaks to the upside I'll just have to not sell my linkies and watch them pump, like they always do. Please feel free to use this thread to discuss various TA analyses and strategies to accumulate more linkies. Cheers