You could be really radical and try just reporting the truth too , but people wouldn ' t buy that . Too extreme . <| sep |> Can you rely on those ? No , totally not . Do they give an indication of where a stocks momentum might be heading ? Definitely . Don ' t read those charts and say hey , everything is pointing towards a bullish reversal , time to buy . but instead think charts are indicating a bullish reversal , time to look more into this stock . I try and find a stock that looks like it will do well based on charts , then try and find reasons why it might fail soon , or why it might be a bad buy . If I cant find any heavy cons , and it seems like the company is useful , I seriously consider purchasing . I think News will overweight ANY chart predictions , so that is always something to account for .