you know all indicators are lagging. An analogy would be looking in the review mirrors driving backwards on the freeway during rush hour...
In the video the prediction is also based on fundamental analysis which is not what the company has only done in the past but what it is doing in the present.
Sticking to car analogy. That would be max horsepower and torque to weight ratio, gearing and distance. Quarter mile time and 0-60 time. Put it all together, let's see how fast ya can go backwards only looking at the rearview mirrors, in rush hour traffic. Just saying ...
Why would looking at a chart showing a trending market be like drving a car fast looking in the rear view mirror? I do not understand this analogy.
He is right. They are lagging but in the video indicators were not being used, just simple price action which showed a trend. You know what they say in trading. The trend is your friend.