Sum, you have stollen the words out of my mouth, or perhaps brain, and put them down much more elloquently than I could, SOoo I have copied and saved them. Hope you will not mind if I use at least part of them to say to others elsewhere.
I happen to believe that the charting ( TA? humbug) and many computer programs relating to stocks have been released not so much to aid anyone but to make some retail investors predictable and vulnerable. This is particularly so for large volume day traders.
Especially charting, is using past or recent history and implying that it represents the future. I do not see any thing that is technical about it. Not even good number crunching, imo.
Doing basic DD and knowing circumstances surrounding a stock is what does it for me. Example - On what chart did the native blockade come up other than after the fact. Did charts tell us how much Noront sp would rise after the blockade ended? How about when?
At least I had hoped that the sp would rise to 2$ and assumed that it would fall below it. I did not expect that the sp would not reach 2 and did not expect a decline as far as it has recently.
My intuition and suspicion is what I mostly work with after reading and some investigation.
Thanks Sum.