Technical Analysis is a relatively new discipline that has yet to gain acceptance by the academic community. As a matter of fact, there are many objections from the academic folks citing the basis of technical analysis is unfounded. They brought up Random Walk Theory (RWH), Efficient Market Hypothesis (EMH)…etc. to dismiss the value of Technical Analysis. Fortunately, the existence of trend is indisputable and the emergence of Behavioral Finance has helped to explain the belief of Te......