For my two bob. Think of TA and Fundamentals like football match.
The Fundamentals know how to kick a ball but they don't know where to kick it, on a field, unless they have some stats on stregnths and weaknesses of the other team. TA guys work the stats.
Now the fundamentalist might know where to mine and how much it should be worth, but statistically the TA's have an idea on how the SP works and what it takes to get to what you think it is worth. You don't just get 1.6 billion shares to move to SP values. It takes a course and a pattern.
Anyway stop bickering.
This is my take.
CCC Price at posting:
72.0¢ Sentiment: None Disclosure: Not Held