A the difference between the technical analysis methods of American stocks, I use an image example to illustrate, maybe you will understand better. For example, "a certain American medicine" made financial fraud, but he was a big white horse in the market before. The real reality is fraud and poor fundamentals. This market is like this. Many stocks will also fall below the price-to-book ratio or even below the net cash price. So sometimes value investors generally refer to the analysis report of American Stock Institute, which is a technical analysis method, and then they will avoid falling into the valuation trap, that is, the market just doesn't respond when it is clear that the company is making money. Sadly, there are many such situations.

Therefore, I am not a pure value investor. Technical analysis is based on the basic research of mine clearance. If your technical analysis means can't run into the stock pool outside the minefield, then your risk is also great.

For me, looking at the fundamentals, the focus is on demining. If you can predict that some performances are not bad, such as the growth rate of net profit can be greater than the growth rate of income, then the dynamic P/E ratio will be less than the static P/E ratio, and his industry and track are still mainstream, I think it is enough. Then it's good to give it to the technical analysis system.

This is why I tend to put technical analysis first. Often the technical trend in the market will predict some news content in advance. Sometimes the news will push the stock sector to a climax, but it may also push the stock to reverse.