TEN 0.00% 16.0¢ ten network holdings limited

dropping on low volume, page-29

  1. 15,288 Posts.
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    ha ha leaving quite a bit on the table is what I do. I shudder to think of all the profit I have left behind over the years.

    TEN is a hard one to read right now. Bit of a falling knife scenario IMO. Putting a set of fib lines over the chart I can see some justification for the small bounce today but I think I would just be talking myself into buying it if I used that as justification. Upcoming results is the wild card. There is nothing more frustrating than staying out of a stock to be on the safe side only to see it gap up on good results. But that's a bit like picking red or black at the casino. So yeah I see a chart like this and I keep looking elsewhere. TLS had a very nice set of fib lines this week when it bottomed at 4 bucks and it bounced all the way to 4.30 but is fading again now. That was a better looking set of fibs than what TEN is right now and probably more akin to what TEN was when I was looking for a bounce a little while ago.
 
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