Hi I was wondering what the general consensus was on the use of technical analysis in making long term investments. I know short term day traders get allot of use out of it but if I'm investing in a project based on fundamentals does the technical analysis matter?
I think technical analysis will be needed only in case of purchase, if you take the average or long term, based on the fundamental. And so, you're not going to sit for days at the monitor and follow the quote to sell at a good time.