Otcbb TLVA Thread

[SNOAdmin]

All posts on TLVA go in this thread

[Naamplao]

I am not so sure that this stock is ready for a turn around yet.

From your charts I note that the Accum/Dist is severely negative which suggests a lot of selling here. When I look at the TRIX(15,9) I see the positive slope starting to top out...this is not definitive but suggests to me the upward share price is faltering. From the SharpChart there is a strong resistance point at $0.35 - $0.34 which corresponds to the 50dayMA where it will be tomorrow

This is a P&F chart for TLVA that makes sense to me



If you draw a 45 degree diagonal from the $0.15 low point...you will see that we hit the Support level at $0.23. The next resistance line on this chart is at $0.43 and this is as strong as the 50dayMA resistance mentioned above.

If it breaks the support level it will fall to $0.15 (a secondary support). If it breaks the 50dayMA then we will test the second resistance at $0.43.

My take on this is that the stock may rise to to the 50dayMA and fall back to test the support level which would be about $0.27 after falling back.

[Stock_Analyzer]

Holding .14 .145 bids nicely today, I think she might be ready for a turn up here soon. Resistance at .30 .31 .34

[Naamplao]

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.

[Stock_Analyzer]

Press Release Source: Telava Networks, Inc.


Telava-IBFA Acquisition and Regulatory License Transfer Near Completion
Monday April 28, 9:15 am ET


SAN FRANCISCO, CA--(MARKET WIRE)--Apr 28, 2008 -- With reference to the press release of January 16, 2008, Telava Networks, Inc. (OTC BB:TLVA.OB - News) announced today the Company has completed eighty percent of regulatory licenses transfer for IBFA Acquisition Company, LLC (IBFA). The operations will continue to be under the auspices of a Management Agreement between the two entities until all regulatory transfer of licenses has been completed. IBFA began operations in 1995, and is a licensed Competitive Local Exchange Carrier (CLEC), long distance provider, and Internet Service Provider (ISP) based in the Midwest.


Baldwin Yung, President of Telava commented: "We are enthusiastic about the transaction approaching the last mile and expect that the consolidated financial result of IBFA and Telava would truly reflect on the second quarterly report. We look forward to seeing significant impact to our underlying financials on a consolidated basis."

About Telava Networks, Inc.

Built on carrier-class network infrastructure, Telava Networks, Inc. is an Integrated Communications Provider (ICP) of wireless broadband connectivity for next-generation fixed and mobile innovative applications. Telava has launched wireless high-speed Internet services in both metro and rural markets. In addition to other assets, the Company owns a wireless broadband network covering more than 45 cities and 22 states. The Company is headquartered in San Francisco and offices in China, South Korea, and the Philippines.

This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.



Contact:
Press /Analyst Contact:
Investor Relations
415.321.3490

Source: Telava Networks, Inc.

[Naamplao]

My previous predictions have held true.

Here is the yahoo 5 day linechart

Looks like there is no recovery here at all.

I wonder why this is a featured company

[Stock_Analyzer]

This was a featured company for 2 weeks of service. In that time it was a .19 to .30 stock, but we are no longer watching this stock.

Originally Posted by Naamplao

My previous predictions have held true.

Looks like there is no recovery here at all.

I wonder why this is a featured company