Either can work for you. A lot of people swear by Technical Analysis. The chart patterns make timing your entry less risky. Some people prefer Fundamental Analysis. Deciding on price based on reported numbers and prior history. I found that taking the best aspects of both is a healthy way to make money and minimize risk. On a chart, a cup and handle, or an ascending flag has different meanings for a $5 stock vs a $25 stock. Healthy balance sheets is a great way to choose more technically reliable stocks, that you then can use Technical Analysis to time your entry and exit. $5 bullshit stocks are easily manipulated, and can move quickly against your favor. $25 stocks tend to obey the Technical Analysis charts a little better, as it takes much more institutional involvement to make it move. Try Technical and Fundamental Analysis both side by side and see what you think. Compare win rates. If your instincts are in tuned, create your own plan and stick to stocks you are familiar with to continuously trade. Learn how they react to different news and influences. Fundamentals can help you pick a nice roster and then use Technicals to master them.
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