Hey. Can you provide some of the advantages of Technical Analysis?

Hello to everyone on this website. Can any one list some of the Technical Analysis advantages?
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"1. Not heavily dependent on financial accounting statements and free from lack information needed by security analysts 2. Non-quantifiable factors do not show up in financial statements 3. Fundamental analyst must process new information and quickly determine a new intrinsic value, but technical analyst merely has to recognize a movement to a new equilibrium 4. Technicians trade when a move to a new equilibrium is underway but a fundamental analyst finds undervalued securities that may not adjust their prices as quickly. Source: http://in.docsity.com/en-docs/Technical_Analysis_-_Security_Analysis_and_Portfolio_Management_-_Solved_Quiz_"
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Inwards money, technical analysis of stock trends can be a stability psychoanalysis self-control with regard to forecasting the way connected with price ranges through the analyze involving previous marketplace facts, generally selling price along with size.
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