Fundamental analysis is like doing your homework or reading the textbook. You need to do all of the fundamental work to build your catalyst paths, understand how and what the company will report, and to understand the industry and what you are trading. I use technical analysis non-stop but purely from the sense of knowing how a specific stock trades.

TEVA is a great example and just got demolished due to price-fixing lawsuits from 42 states (this is old news and just like the opioid lawsuits keeps getting "renewed" every so often). Is this downward move overdone? Of course it is. Will TEVA go down from here within the next quarter? Yes, very likely. How do I monetize this move right now? Short MYL and AMRX and possibly TEVA immediately on any strength, go long ENDP. I am saying this because I know how all of these stocks trade, know their backstory, know the sector, and know the market.