We are all happy with JES beating the drum since last week. Time is more important then price and the timing is perfect, just as the summer bull run in gold equities that is in the cards is starting to warm up.
Rest assured, Sinclair wont fight the trend, whether shareholders complain or not. It is not solely TRE shareholders that are disappointed with recent action, many metals shares did bad since late 2010.
Regarding the chart, TRE has held the uptrend in April and March. I agree if tre goes down much from here technical damage would be serious. But it didnt and it wont.
What wont go down must go up. I think youll be surprised with the price action going into the summer even taking into consideration your sceptisme seems to abate somewhat recently.
Rope a dope action will morph into knock out action.