Uptrend spottedIn case you didn't notice, Smarttrend spotted an up trend in WEE today ;o).
I'm surprised to see WEE going up strong during such a bad day and on no news. I must say that I was also surprised to see it go down to $2 after the Cenovous/Encana deal had been announced. So much explosive potential in this stock, maybe people who have been taking profits in other stocks in the pas weeks have decided to participate in the WEE adventure!
It does feel good to hold a spec stock that goes up when the so called sure things all go down.
GLTA
- 2/4/2010 5:28:58 PM
By Chip Brian, SmarTrend Analytics Team
SmarTrend identified an Uptrend for Wavefront Technology Solutions (NASDAQ:WFTSF) on December 11, 2009 at $1.81. In approximately 2 months, Wavefront Technology Solutions has returned 37% as of Thursday's closing price of $2.48.
Wavefront Technology Solutions is currently above its 50-day moving average of $2.23 and above its 200-day moving average of $1.20. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Wavefront Technology Solutions shares.
https://www.mysmartrend.com/sl/28072