Been saying this for years
I used to make a little money reading the charts and combining it with reading up on sectors, news events, and common sense. Sometimes I could pick up on something before the mutual funds and big traders saw a trend.
I think it was about the time of the Enron meltdown, the beginning of the George 2 presidency, that it all got cloudy.
Now there's not much to find. Emerging companies are smart not to go public with very low stock prices because of the big trader and venture trading manipulations. Companies are going toward being closely held or staying private, unless or until they can do what Zuckerberg did and maximize the potential and go public for billions.
Here's what I've noticed. I don't buy or sell hardly anything anymore. But if I want to get in there, I offer a little more (penny per share or so) than "asking" for a purchase, and put in a "sell" for a little bit less.
That and those charts looking like they aren't moving in normal mathematical ways has me not at all surprised about this news.