At the risk of having to dodge insults, barbs and maybe even the occasional hand grenade from the noncomps who don't believe in TA, I would like to point out that at $0.80 on the TSX we were way above the upper boundary of the bollinger and that is generally not sustainable. We have come so far so fast that a pullback like this could be healthy for the longer term.

A retest of $0.55 or even $0.50 would be entirely reasonable in TA terms.