There is an endless supply of them.

Today the price goes up, all the TA fanboys start seeing upwards patterns.
Tomorrow the price goes down, all the TA fanboys expect the price to fall down a bit lower.

One impulse dump means bye bye TA. One Tweet means bye bye TA. One article means bye bye TA.

People should just admit that short term speculation isn't anything other than gambling. The only thing happening is that people hope to book a gain, while in reality it can go either way. It's a 50/50 shot. The only difference with gambling is that in case of a losing trade you just lose a few percent, while with gambling you lose it all. In other words, one or more mistakes won't result in a bad ending.