Q: Everyone, I don’t trade very much, I am a buy and hold person. Keep the best of the best stocks. But I regularly look at charts to see were the stocks is at certain times. The 50, 100 and 200 MVA. Also RSI. I know you use financial metrics but do the charts have a benefit to individual investors? Or should they be used in combination with finial metrics? Which is more important? Clayton
5i Research Answer:
We think the fundamentals are more important but there is certainly value with using other tools such as charts/technical analysis. We would just view it as another tool in a toolkit. Moving averages and RSI can help an investor a bit with timing and maybe how 'aggressive' to be when adding a position (i.e. if at a low RSI one might add a full position quicker while averaging into it more slowly otherwise).