Why do so many long-term investors ignore price action when levels clearly matter?
Curious how long-term investors actually decide to buy or sell. Is it mostly fundamentals, news, and narrative or do any of you also look at price structure?
I started investing like a lot of people during Covid: mostly popular names and whatever was getting attention. Later I spent time on technical analysis, indicators, systems, and so on. What stayed useful for me was simpler: support/resistance and trendlines. Not as predictions, just as places where price has repeatedly reacted.
It’s hard to find only those stocks which are reacting at meaningful levels at any given time, and those windows don’t last long. Scanning thousands of charts by hand and catching that moment is difficult.
A few of us trade this way, so we built an automated price-action scanner for our own use, structure events, ranked by how they look, mainly to handle that coverage problem. Still curious how others approach entries and exits on longer horizons.
Showcasing some of the automated price action analysis, it works!
https://preview.redd.it/wgdtnhdgbgph1.png?width=2796&format=png&auto=webp&s=e45408d74e32b84f9ebcb2621bf354bcd4565b91
https://preview.redd.it/hwzlaxphbgph1.png?width=2834&format=png&auto=webp&s=bd8ab78c4c42041dccc1f0865851a81fd792817b