I had a look at the weekly and like the daily the descending triangle is forming perfectly. It has great support at around 44c as it has not closed below this for nearly 10 months.
If it does close under 43c it could be another leg down, but if we break the triangle up at around 52c then next stop 72c then $1.05.
This chart pattern only has a couple of weeks to show us which way it would like to go.
I think it is not a coincidence that it coincides with some big announcements expected in the next couple of weeks in regards to DFS and maybe funding, with ROL also to have some drilling results soon.
TRF Price at posting:
47.0¢ Sentiment: LT Buy Disclosure: Held