Purely on the technicals, given that we've closed the gap and then fallen further, I'd expect to retest support in the low 20s. Give the spectacular fundamentals, I expect 27c will hold (we touched 26.5c but that doesn't really count as long as it doesn't go lower). If it does go any lower, which I suspect it won't, then we may be looking at something around 21c, and there's certainly a risk of someone trying to trigger that.
Given the fundamentals, now that we've closed the gap and support below it wasn't broken on the day, I'm expecting we'll bounce, and we'll soon be retesting 30c then 32.5c resistance.
In the short term though, there are no guarantees, since we have too much pull in both directions. In the medium term though and even more so the long term, hoo boy, this is one amazing buying opportunity! :O I will be amazed if we don't see mid 40s before the end of the year. Other than the bit of what I have in lithium, I've put everything I have on this one.
TNT Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
