Charts fail to show anything in regards to fundamentals. This includes back when Canada legalized and cannabis stocks overheated vs fundamentals. One can easily argue that the charts are once again failing to reflect the fundamentals on the lows as Tilray Brands is trading at 1/2 value of book value.
I will remind you again, even those who use charts acknowledge that charts are used to "react" to movements, not to value shares today or into the future.