TSV 0.00% 0.8¢ transerv energy limited

** rally alert **

  1. 5,904 Posts.
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    I wouldnt be that optimistic, the buy line up is very fickle, this could have plunged this morning if any sellers stepped up. Thankfully it has stabilised, I reckon we will sit 1.6-1.8 for at least a few more days. Whether it drifts below 1.6 or makes a run after that remains to be seen. Volume to thin for day traders to play this stock especially until the chart indicates a formation of some sort to establish a direction. I'm optimistically hoping we continue sideways, SP has mostly priced in Warro 3 to be a P&A IMO, next key driver will be timetable for warro 4 drilling if it cant get timetabled to be done before 1c oppies expire then slippery slide. There is more downside than upside until W4 details get announced IMO.
 
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