CTL: Exactly How and When Technical Analysis Works in CenturyLink Inc
This is one of the those remarkable few times where in the midst of a bull market we can see that CenturyLink Inc stock is actually down
-36.16% over the last 5 years. Yet, in that same time frame, using a bullish technical signal on a stock that has dropped has actually shown substantial positive historical returns of 309% in the face of a stock down trend.
There comes a point, after all the charts that are shared on CNBC and social media, when we simply must examine, in truth, whether technical trading has actually worked in the past, and if so, which signal, how is it generated, and what are the historical results -- explicitly?
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