Well my take on this stock is that its decline has not ended.

Here is the SharpChart I use

TLVA - SharpCharts from StockCharts.com

Note that we are headed for the support level of $0.15. We will test this level early next week. The Accum/dist looks terrible a severe selloff over the time since my last post. The TRIX is topping out and turning negative. The RSI has a negative slope headed for 30%

Take a look at the BB's....they has tightened and now are spreading apart. The share price is lower than the lower BB...this is not a good sign

I say we are going to break the $0.15 support level next week. There is no sign of a turnaround yet.

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I am not a broker....just a chartist that retired 4 years ago and invests in the stockmarket. Do your own DD and accept or reject my observations as you wish.