It appears most pundits are concerned with F/A at present with very little attention being given to either GANN or FIB Cycle trends......
Why has the recent positive news been Bullish for TON when in the past, it has acted negatively on.....
Simply said.......it is now time to rally
The latest close of .41 is 50% of the most recent rally from the 13/3/15 of .135c to highs of 71c on Wednesday last....or close enough...Should provide an end to the Downside.......
Since the 13th March, we have had 2 down days only, with the rest either even or up....
Since the 13th March, we are up over 200% from the .135c Close......
We are in a VERY STRONG BULL MARCH, and until it is proven to be different, it will remain the same......
A Close below .38 could signal it is over......but I very much doubt this will happen in the near term.......
The Good NEWS CYCLE should continue well into JULY, with the SP acting accordingly....
Cheers
sck
TON Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
