TV2 0.00% 0.8¢ tv2u international limited

TV2- The next leg up (5c-10c), page-1758

  1. 1,957 Posts.
    We have found ourselves in a sea of red. Hard for anyone to make any bullish predictions when its been in a steady downtrend for over a week. I'm guessing market wants evidence of revenues flowing and further deals in place. When it blasted on potential we were only 1/3 the MC. Although we have had developments since then and a good jump, the fact is it's still sliding. Many early bird holders can still lock in handsome profits which makes it hard for those who bought higher. The bright side is that those who have been are buying and are "caught " at the moment will be more reluctant to sell. Management haven't been stellar on newsflow and deadlines which only adds to the anxiety of holders. Having said that, they need to have something to report and Rome wasn't built in a day. Chart shows a strong support at .032 tomorrow at which it should bounce off, should it get there.
 
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