1.7 is quite strong resistance - I suspect it will need the Indosat, or Brazil announcement to crack it. However after that, if it can crack 1.9 it is blue sky to 2.4. Technically it will be important for the peak of this bull run to finish higher than 2.4 or it could signify the commencement of a longer term down trend. Will be interesting to watch - I am still not holding, but TV2 has certainly been de-risked to an extent after the last announcement.
TV2 Price at posting:
1.6¢ Sentiment: None Disclosure: Not Held