Serenity, known as the "White-Haired Stock God," has criticized the reliance on technical analysis, likening it to "astrology" for traders. He argues that technical analysis primarily reflects market sentiment and confirmation bias rather than the core factors influencing stock prices. Serenity highlights that significant stock price increases, such as $SIVE's 1900% rise and $AXTI's 8000% surge, are driven by fundamentals and market expectations, not chart patterns. He emphasizes that real determinants of stock trends include industry themes, earnings expectations, macroeconomic conditions, and financial performance. While technical analysis might help identify entry points, Serenity insists that long-term stock potential is rooted in fundamentals and capital structure, urging traders to move away from "chart faith."