The following is an excerpt from a Zach's Research article: '... one of the tenets of investing -- that the price of a stock, index, or commodity is a reflection of everything that is known about the security at a given time. In this context, combining the intelligence derived from technical analysis and fundamental analysis -- instead of basing an investment decision on a single set of data points -- can present a more complete picture of the factors that drive a security’s future price movement ..'
In full disclosure this was presented after a lengthy explanation of why TA does not work for sub pennies. The first premise, imo is absolutely and unequivocally the correct one. There is no area of technical analysis that does not lend itself to a higher understanding of a sub penny stock's past, present and future. S