1) Recent 19c resistance area appears to be converting to support. 2) On the decline over a year ago, the high volume kicked in at 20c, and the high volume band at 20c and below is clearly visible. The 20-25c range exhibited very low volumes. As such, I expect any sustained move above 20c is likely to indicate a paradigm shift in the outlook for the company.
TGS Price at posting:
19.5¢ Sentiment: None Disclosure: Held