OWC Pharmaceutical Research Corp (OWCP)

[Triple9]

"OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price."

https://www.reddit.com/r/weedstocks/comments/1xydch/market_maker_speaks_out_ways_of_a_market_maker/

IMHO, Technical Analysis works on NYSE/Nasdaq stocks that have (a) professional analysts covering the stock, (b) Options traders betting on future prices, (c) narrow bid/ask and good daily volume. I don't believe TA works on OTC stocks as the MMs simply wield too much control of prices.