Actually, those who know me well are aware that I also scoff at technical analysis—it's just overfitting, astrology, pure fortune-telling.

But the problem is:
1) Right now I'm in the hospital, with nothing else to do.
2) After Friday's crash, SNDK's price action suddenly became textbook-perfect—of course, that might be thanks to Wall Street's bots.

For example, Tuesday's intraday deep V made $1,500 the bottom of the week indeed;
Wednesday's solid bullish candle with the gap fill was the clearest bullish signal.

As for why Thursday surged but then stopped right below the 20MA instead of rushing to $2,000—after reading my post this afternoon, you should already have a clue.

Based on this "technical" analysis, I managed to do two things:
1) I did buy the dip at $1,500 on Tuesday, picking up SNXX.
2) I sold SNXX halfway through Thursday's rally, taking a 25% profit; and today I kept my hands off, not chasing the high short-term.

For me, technical analysis achieving this level is already enough. Of course, technical analysis can't predict the future—everything in stocks is a matter of probability.

For example, I don't know whether Friday will see a big breakout above $2,000 or a fall back to $1,730 to fill the gap.

But shouldn't it be our own homework—including mine—to learn how to interpret the market from such obvious technical signals and find high-probability strategies that work for us?

Or do we expect someone to spoon-feed us? Even at $599 a month, I can't do that, either.

Don't you think?

Thank you all.