chart, ta thread., page-55

if you look at the 3-4 year chart, NWE is clearly on an uptrend and quite a strong one over the past 12 months, putting on more than 100%.

We have had higher highs, higher lows.
The chart shows we are due a third run up for the year, which coincides with the expectation of news regarding flow rates.

The Kockatea could set things off and we will get out third spike within 12 months.

The weakness you speak of only matters if you are looking to enter/exit within days. The technicals on the bigger picture remain intact IMO.