TNG chart..., page-120

I thought a few times over the years but perhaps I’ve got posters confused. I always thought the 10c level must have been target buy or a top up area so I never saw it as a negative. The point that I probably lost was that charts and technicals will always have a place. When a chartist or dabbling heretic (whatever we want to call it) says that a stock might swing it doesn’t necessarily mean the SP will go to the moon - just that short-term sentiment has changed.

IMO Today’s trading seems consistent with the technicals and of a SP moving off the bottom. The sector is warming up too as I’m sure you’re aware.