TGS - charts show a strong buy signal

Price has been in a strong down trend the last 5 years (as with most commodities related stocks), however has halted in Jan 2015 at 5c and has based around this level since then.

Context: Has made a few minor rallies, which I noted all had some weakness within the rally (April 2015, Oct 2015). March 2016, we see a much stronger move up without any weakness, and then price retrace to a strong resistance/support level at 47c, basing out here the past month.

Charts: Pattern traders may call this a cup & handle formation overall, not the prettiest one, but I like the trigger below.

Trigger: The basing out at 47c has made it a very strong level, and last week, unfortunately for holders, we saw price break this level, and any break of a strong level, you would expect it to be a strong break.
Fortunately for holders, this was not the case, as it bounced back over the 47c level shortly after - I call this a bullish trap (buyers trapping/misleading holders into selling, the sneaky buyers absorbing their sell volume, which is above average volume at cheap levels, typical institutional game play), others may call it a tree-shaker.
Even better news is that traps tend to be the point of reversal for a strong move.

Depth is fairly even overall, slightly more to the offer side. But nearby prices (45-47 vs 49-51) show short-term depth is very bullish (2 bids for 1 offer).

Shorts: It seems there is actually short interest on this stock unfortunately, a grand total of 79 FPO shares! Which equates it to roughly 0% of MC =)
I don't know if this is real or maybe some sort of clerical error (http://www.asx.com.au/data/shortsell.txt)
None of my brokers offer shorting this stock though!

Future levels: 6.5, 8.9, 10.5c







Do share any fundamentals or general thoughts on TGS.

Cheers and GLTA!