Readever: Read With Your AI Mentor

Technical analysis charts price momentum and patterns, but it's a tactical tool for timing entries and exits. The strategic foundation remains value investing: understanding a business's intrinsic worth, competitive advantages, and cash generation capacity.

Even for short-term traders, the first screen should be qualitative: does the company have a durable moat, predictable cash flows, and management that allocates capital rationally? Charts can signal when to buy, but they can't tell you what you're buying—that requires reading the business, not just the tape.

The most successful speculators blend both disciplines: they use technicals to manage risk and position size while anchoring decisions in fundamental analysis. Price tells you what the market thinks today; value tells you what the business is worth over time. The edge comes from knowing when these diverge.