Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s): WFTSF

Energy Oil & Gas Equipment & Services

Wavefront Technology Solutions Inc. is engaged in the advancement of dynamic fluid injection technology for oil and gas well stimulation and improved/enhanced oil (IOR/EOR) recovery. Through its Powerwave technology, it provides the oil and gas industry to place fluids into the reservoir. The dynamic action of Powerwave’s fluid pulses diverts injected fluids away from established flow paths, achieving better fluid distribution. Its patented Powerwave process is an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock. These materials are composed of a solid matrix and pore structure, which contain fluids such as oil and gas. The Primawave process is a method for aiding in-ground environmental remediation clean-up strategies in contaminated sites. Primawave provides the environmental sector with a solution for aiding in the clean-up of contaminated sites. It deals directly with exploration and production companies.

TSXV:WEE.H - Post by User

Wavefront Technology Solutions Inc

Bullboard Posts

Comment by koldrake1859on Apr 11, 2008 1:48am

150 Views

Post# 14960595

RE: CHART

Good points but note that Fib 38.2% retracement is 2.50 and has held very well so far with no close below it since crossing this level on March 18.
Also we have broken out of the downtrend line upwards and closed above it for 3 consecutive days.
lf we have a 3 day close below 2.50 - which looks doubtful IMHO - we may then test the 2.20 level at the 50% retracement area and the (rising) 50-day EMA where I expect very very strong support with major buying.
Let's see what happens in the next few days

Bullboard Posts

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