TNT 0.00% 13.0¢ tesserent limited

Ann: Completes Pearson and Claricent acquisitions, page-9

  1. 5,460 Posts.
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    TNT broke long term resistance on Christmas eve. If it confirms tomorrow it'll be a breakout and potentially go for a run. If not, the news is bad and it'll still be looking at a technical target of 9c, but I'm dubious about the fundamentals allowing it to get that low, but even in absolute worst case scenario (IMHO), 9c is the bottom at least in the short to medium term, even if 15c does fail.

    Tomorrow is going to be a very important day for TNT, given that it should either confirm a breakout or show Christmas eve to have been a false breakout.
 
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