If you completely dismiss TA, that leaves you with FA and retard analysis.
YOLO Calls that you would give me three guesses to figure out which method you use exclusively.
And your friend will probably do very well because of that. [You don't need an indicator](https://i.imgur.com/Tzi3KAU.png) or anything, it should be incredibly obvious that this is a stupid time to go long.
All three components: macro, FA, and TA are all in agreement that this market is pretty screwed.
Not at all, what? TA doesn't mean "has no meaning" and FA doesn't mean "has meaning," come on. Just because it refers to market mechanics doesn't make it not technicals. Maybe it's quantitative but I'd also argue that QA is basically just a specialized form of TA without the stigma
Per Wikipedia
> In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
"Past short interest" is market data and a short squeeze is very much not related to the fundamental value of the company. Look at every other garbage piece of crap that's shot up because it had "a lot of short interest"
Fundamental analysis is based on shit related to the company like their financials
> Fundamental analysis, in accounting and finance, is the analysis of a business's financial statements (usually to analyze the business's assets, liabilities, and earnings); health; and competitors and markets.
No one in January of 2021 bought *GameStop* because of their fundamentals lol, least of all WSB who, at the time, were buying it mostly for the short squeeze
You are correct , my purchases this year. Last year I bought at 160-180. But this year I bought from 77-100 some at 77, some at 80-90. Still buying more every week. I could lose it all though so who knows not FA all I know is 💎 🙌
The above comment was stolen from [this one](http://np.reddit.com/r/wallstreetbets/comments/urml1h/laughing_on_the_inside_outwardly_empathetic/i8y1eqm/) elsewhere in this comment section.
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[‘We’ll need 2 pieces of p...](http://np.reddit.com/r/worldnews/comments/urjbc6/swedens_foreign_minister_signs_official_nato/i8yynee/) | [‘We’ll need 2 pieces of p...](http://np.reddit.com/r/worldnews/comments/urjbc6/swedens_foreign_minister_signs_official_nato/i8xrfch/)
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[Or just use VR with the a...](http://np.reddit.com/r/interestingasfuck/comments/urp3sd/lifesize_floor_plans_for_a_better_understanding/i8yyafp/) | [Or just use VR with the a...](http://np.reddit.com/r/interestingasfuck/comments/urp3sd/lifesize_floor_plans_for_a_better_understanding/i8ykbzi/)
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