TNT Chart, page-3153

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Kunkba

329 Posts.

64

26/05/21

11:41

Post #: 53423645
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Originally posted by Sdaji: ↑

I'm not going to call myself any sort of pro, but I think we've seen some hideous technicals which took us to where we are, we recently broke out of the strong downtrend, there are signs that we are going to reverse, and this is happening at a time when the fundamentals clearly scream for a larger market cap, and we're about to hit a big revenue milestone and probably set a new target.

Sometimes we get bogged down with too much detail in fundamental analysis, and at this point I really can't see any deep analysis which could override the big picture.

When you're at fair value, a good quarterly/news isn't likely to do much. If you're overvalued, a good quarterly/news is likely to drop your price. When you're heavily undervalued and the downtrend you rode down has turned to something ambiguous and you're about to hit an exciting milestone in a topical industry, hey, it's a really nice time to be a holder. Once positive momentum starts we'll probably be able to start reading into the tea leaves and making technical predictions of more meaning. The chart doesn't say much to me at this point, but the big picture looks fantastic.

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I do believe there will be a significant announcement prior to the 4C being released cementing our financial position and forecasted growth.

Back to comfy chair then as not much happening today.

Right on cue: lunch time dump.

TNT Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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