They give good ratings without even basic technical analysis, just based on few dumb apps which doesn't mean anything in real world usage. (gogi.in)
Presentation to Local Money Managers — Huntsville, AL «Idealized Trade Set - ups Using Basic Technical Analysis» (blog.afraidtotrade.com)
But what I can tell you with the utmost confidence is that basic technical analysis concepts such as support and resistance definitely work a majority of the time at predicting the stock market's next move. (morpheustrading.com)