Wishful thinking more often than not makes you poorer
different context, different implications
randomness reduction not elimination
randomness reduction but no elimination
non-arbitrary levels, evidences must be present
while it is true that no stock is too high to buy, your risk/reward in percentage changes vastly based on where your entry price
probability distribution shifts with time and context
simple lines at confluence levels reduce many decision variables to one
Understand the characteristics and utilize the fitting strategy
abnormal departure from group behavior warrants caution/due diligence