Extending thoughts on the chart, things r. getting a little...

Extending thoughts on the chart, things r. getting a little clearer technically with chart patterns.

Ton is moving into a second cup and handle with the first having previous support at 2c.

The base of the new cup is now at 2.1c. This accumulator is very very patient.

So someone is clearly trading the cup and handle pattern.

Will it break down ?

A possibilities here imo.

The cup and handle could play out and then we continue with a stronger and stronger chart.

The next would be a breakdown of he cups and handle and a move back to the 2/2.1c range a distinct possibility given how the chart has technically now exposed itself.

No doubt we wold see yet another lower trough with a low of around 2/2.1c.

The volumes traded here r a clue. The decreasing volumes r pointing to a completion of the cup and handle, f\From there ???

Whatever the case ALL chart senarious very bullish

How it plays out depends on financing for Ancuabe and Cobra.

I have sum conspiracy theories but given the previous popularity of all things posted by p9 I won't post them. It would only serve to get anti Ton posters backs up.

Suffice to say at some stage in 2024 Ton will move up.

How it moves will depend on Ton developments.and TIMING odf the project start at Ancuabe and if Tonwants to make graphite concentrate to take advantage of the coming graphite shortage the Ton will have to get Ancuabe financing happening v very soon imo.

Again I won't go into those as they've been discussed ad nuaseum.

But I would suggest a revisit of all the annmnts back 5 years to give new investors to Ton a good idea of potential outcomes.

And obviously none of this is meant as investment advice.

Please DYOR on Ton.

Imo its extremely liiuminating.

p9