Does TGS look to the chartists like forming a double top? On the surface, the support and resistance levels are very closely bunched together it appears to me.
The other copper plays CDU, PNA, DML all have climbed very quickly in contrast. TGS is the smallest volume producer of the group, but TGS has the lowest C1 cash costs and opex costs I believe.
Could it be that the DRC locale of TGS still demands a very high political risk premium and proving a major negative sentiment?
Just wondering.
TGS Price at posting:
34.5¢ Sentiment: None Disclosure: Not Held