This thread is dedicated to chart discussion only.
TV2 has been consolidating between 1.6 and 2.0 for 4 months.
MACD was in an uptrend.
The left field ann- suspension & CR spoiled the setup.
A small sell off after the suspension.
Then came the right issue which led to panic and bots used the momentum to drive the price below CR price(1.3).
When price hit just below previous low(1c on 15th Feb) it got rejected(22nd of Dec).
Panic continues but new buyers are very active.
Iceberg and 40m capper make the show a bit more exciting.
Current price is the lowest before and after the aquisition.
This is my analysis.
Please add your comments(relate that to your TA/chart)
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TV2 chart
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