TWZ : Hitting new all time lows, surely something other than the charts must be bad?
September 26, 2011 Leave a comment
TWZ’s previous low as 0.28 and it managed to hit 0.24 Monday and closed at 0.26. Who knows where it’s going? 0.20, lower? There must be something wrong here, although all we see is the chart. Maybe their terrible customer service is catching up with them? Maybe with 107% mobile penetration in Thailand they are running out of ideas? We have no clue, but the chart warrants caution with any bounce only going to be trustable if buy-side (read market maker) support is abnormally large and powerful.