CTV 0.00% 0.8¢ colortv limited

Chart Discussion Thread, page-334

  1. 429 Posts.
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    There's a lot of consolidation around the 4.3-4.5 mark suggesting support and it's been like that since the start of April when the announcements happen. There are rise and falls prior to April but that was a different time.

    I agree with float^ in a sense that pull backs may happen from a TA perspective, especially when big traders want to buy low.

    Like you I am hanging on simply because I know it's going to recover if it does drop a little, but ultimately I have confidence of the business being positive cash flow in Q3, if not in Q2 as Ted has hinted. The market cap will be at least from 2 to 3 times what it is now by the end of the year.
 
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