the trading is starting to look like a serious move to higher levels, the pending partnership with telstra could see strong upside movement as rumours of a deal surface. Plenty of upside leading up to announcements and reasonable size trades look to have some sustenance. Previous 10c highs could well be knocked over if contracts are announced. The apparent stability for Telstra is being progressively reflected in the TLS share price and whilst a contract with PIE might not send the TLS share price rocketing, that may not be the same for PIE. Very much worth watching this one. Since starting this post, there has been further buying and a push beginning through the 3c level. The sell volume has dropped by 6m and the total market buy volume increased by 4m with a current ratio of 95m/11.6m. Day trading will see the fluctuations over the last week or so continue I'd expect. Sell volumes being moved higher to the 4 c levels could signal a short sharp breakout.
NWZ Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
