Even at the current price (off the lows) TBS is still down 25% for the year. But the stock has managed to break back through that bottom resistance which mean that the low is now in place. If this is the case, the current price action could be a "kiss goodbye" for a move back over R200.00. I am NOT chasing this one so I will leave my orders near/at/below R180.00 and only risking 2% of my portfolio on the trade.