Technical analysis, take too much non rationnal things in account and try to find pattern with it or rationnalise it after. It tries to find pattern and rationnalise it with its method (that use too much random , too much non relationnal things (i even heard one use golden number)).
Here i'am just trying to find pattern in stocks and find if an event can explain it.
I correlate event and stocks fluctuation. The goal is to find event that are regular (like black friday or a keynote for apple or announcement etc ...)
I will not say it will goes up because of my method, i say it will goes up because there is the black friday / christmas / exdividend Date.
English is not my main langage. Don't donate to us if you want but run away when someone talk about technical analysis.
Sometimes stock market is so random that you can "explain" it with bullshit theory.