True, but technical indicators are so objective. It might be overbought on a daily chart but it might still be oversold on a weekly chart. What about the 5 minute and 10 minute chart? What are they saying?? My point is you cant look at one time frame and make a sweeping statement (not that it was a sweeping statement, but you get my drift). Maybe he will be right, but I think the FA is INFINITELY more important than the TA on pennies but especially on LCK right here and right now. Technical trading works best on larger caps that aren't being driven by any particular news IMO.