Rick's Cabaret has completed the extremely bullish and almost never-seen "Stripper on a Pole" technical pattern on the chart
The best use of technical analysis might very well be to find the right sectors and the right industry groups – the ones that are outperforming the markets
Technical analysis is a well-proven method of monitoring the price action of free markets that have broad participation in order to gain insight into the future price trend. To do this, the combined opinions of all buyers and sellers is measured. These opinions tend to become stronger if they turn out right. And, as the holders of these correct opinions acquire more capital, they tend to increase their positions.