oh come on now qas, more times it didnt trade based on TA. when it ran sevral times to .08 and dipped wasnt about TA you need to factor the flippers and day traders in your chart.Because of these tandem tilts and other factors such as MM they influence much of the TA on penny stocks.
Now if you tell me IBM AND OR MICROSOST OR ANY BIG BLUE CHIP STOCK THEN YES TA can be very effective but not on over the counter stock sorry I dissagree and especialy this stock.