TNE has show strong, consistent growth over the past 4 years although the caning most tech companies have received recently has seen its price drop back to the lower boundary of a price channel that has been in force for that same 4 or 5 years. That lower boundary has turned price up several times and hence there is a strong probability it will do so again. Were price to return back to the upper boundary of that channel, that could see prices visit $14 or thereabouts.

TNE 11 March22

Contact

Robert Norman

Phone: 0428 346 951
Email: robert@sharecharting.com.au

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