BlockBeats News, June 14th, "White-Haired Stock God" Serenity responded strongly when asked about the use of technical analysis: My view may disappoint many people. Technical Analysis (TA) is the astrology of traders, mainly used to confirm deviations and to leverage traders' psychology to find entry points. It can help you understand what other retail investors and traders are thinking and believing at the moment, but it cannot reliably predict the true upside potential of a stock. Serenity gave examples, stating that the previous sharp rise in SPCE was not due to the appearance of a "Space Comet Candlestick" on the chart, but rather the market pricing in the future revenue of companies like JBL and AMD; the 8000% surge in AXTI was likewise not because of a "Golden Waterfall Candlestick Alert," but rather driven by fundamental factors such as indium phosphide substrates, export controls, and photonics demand.

Serenity emphasized that the correct research method should focus on thematic correlations (such as the link between LITE and AAOI), news catalysts, forward-looking revenue forecasts, macro events, financial reports, market liquidity dynamics, and game theory. Through these, one can derive a company's reasonable market value. Technical analysis is only suitable for assisting in finding entry points and risk management; it should never be used to determine where a stock will ultimately go.

Using IREN as an example, Serenity pointed out that many people drew chart patterns indicating a price above $120, but in reality, the company first needs to digest a $6 billion ATM offering, making these technical patterns essentially useless. Fundamentals, catalysts, and thematic research determine the direction, and solely relying on technical analysis can easily lead to a crash in sectors like AI and semiconductors.