TRA's had a really good run since the Board pronounced their SP as underpriced, but all good runs have a breather at some stage and this looks like that stage for TRA now. The recent decline is forming a curve down, i.e. not a straight trend line down but a curve down of greater falls each day to lower lows.
Five days ago the 'Supertrend' indicator flashed a sell signal, the first since March and here we are now with a SP close under the 50MA, albeit right on RSI oversold. There's heaps of technical supports but it would be sad to see this retrace to the notable 200MA at $3.35.
Not sure what it would take to reverse the current sentiment which looks like profit taking (using industry slang).