The important thing with that Oberte is that how many times a year does a company come out with Major news where we need to put down TA until the SP settles again or finishes it's re-rate? Two? Maybe 3? (If you're lucky) Absolutely those event deem the current TA null and void for a short term.
But in between those events the market still opens every day and stock gets churned. TA provides us with opportunities to gain from those times by closely following momentum and sentiment.
Now we never really know when a company is going to come out with something big to gear up for but we know that every weekday at 10.00am the market opens with a smorgasbord of opportunities and that's where TA comes to the foreground.
Who's want to miss out on that?
Cheers
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