treasure, TNP looking good, after the 15 level was chomped in the morning *wink wink* there is now solid buyer support at 14.5 and 15 as well as a few nice chunks being taken out of the 15.5 level.
TNP is 70% held by top 20 and there are only 24 million free shares floating around.
What bodes well is that if there is ANY kind of rally here, and so far there hasnt been, the liquidity is tight and make some of my favourite trades.
AVZ, QRX and STB are good recent examples that spring to mind where a tight register puts the pressures on buyers to bid up.
I am irritated i missed the train on STB, wanted to jump on it at 110, but never did...
