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?
It is up to you, want to invest into the type of investment which one because what determines's the time frame, if you use a certain period of time, for example weeks, days or even minutes, then it will be referred to as technical analysis. But if you often see data for several years (relatively long-term), then the thing will be called the term fundamental analysis.