TA like FA is dependent on one's time frame. A shorter time...

TA like FA is dependent on one's time frame. A shorter time frame will look at immediate measures with 10 and 21 days. Momentum indicators on the daily and 15 minute charts and immediat trends and patterns. One if the pitfalls of illiquidity is there is less adherence. Often poor fundaments or good fundamentals might not dictate short term movements. As an example - chk 5 bagged on anticipation of drilling success. Months of delays later and failure with sp retracing to teens the 5s. The same where I've had stocks with what I classify as good results sell off and then move up. So in these plays one needs to understand the narrative but also look at a medium term analysis to cancel out the noise.