TV2 0.00% 0.8¢ tv2u international limited

Morning all, With the sudden but short lived pump yesterday...

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    Morning all,

    With the sudden but short lived pump yesterday morning, TV2's SP managed to successfully test previous support levels (now resistance).

    However in doing so the relief rally (or was it a dead cat bounce?) also created a new gap at 1.0c.

    Without substantial positive news it looks very likely IMHO that we will retest the recent low of 0.9c and fill the gap in the process.

    CR also looking like a formality IMO - the only question is at what price and what cost to shareholders.

    GLTA

    TV2 daily chart 120718.png
 
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