Do Stock Charts Have a Place for Long-Term Investors?

I believe that charts can help long-term investors. In particular, I believe they can give us a general sense of what the market is doing to help understand how our own stocks might be performing. In essence, if the market is going down then there is a good chance that your long-term dividend stock is heading down with it. If the broad market is going up your stock should be heading up with it. Let's deal with each of these scenarios separately. Market is Heading Up but your Stock is …

Read on (source and credit)

https://www.thedividendguyblog.com/2008/04/18/do-stock-charts-have-a-place-for-long-term-investors/