Personally I think it's better to see TON trade down a little...

Personally I think it's better to see TON trade down a little before continuing on its journey upwards. It's always healthy to see a small retrace for an uptrending stock as opposed to one that looks like a runaway freight train (thus forming an unsustainable bubble formed by short termers and traders).

If one were to look at the bigger picture, only a few weeks ago we were struggling to even maintain above 40c. Now, despite a cap raising and no announcement released today, we only experienced a small 5% sp retrace and sitting comfortably above 80c. Besides, the slight retrace is probably due to traders temporarily switching their attention to KNL and KGL anyway.

Goes to show that most of the current holders are in it for the long haul and are quietly confident of TON's potential.