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Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s):  WFTSF

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

Comment by JustLongon Sep 25, 2009 1:28pm
249 Views
Post# 16338947

RE: RE: GAP

RE: RE: GAPGaps are not aways filled.In this case with indies at a high level by any measure,and may be forming a star pattern,it may come back to fill.If it fills the gap great.If it doesn't it's onward and upward.The "market" sentiment towards wee has been strong,if that weakens the price is comming down.$1.40 is support(not shown on the daily)If it does come back to there and does not hold then 1.20-1.30 is support.Last year support was about 1.80 at the May dip and was resistance at the Aug peak,peak at 1.50 in Sept,again at 75¢.This year the same support and resistance levels are in effect on the way up.Left 75¢ and went to 1.20 and to where we are today.Gaps act as support ans resistance and there is one fromJuly/08 at about 2.10 so between here and 2.10 the is strong R and then S around 1.30-1.50(if it comes back)It still may go higher.Wait and see.

https://stockcharts.com/h-sc/ui?s=WEE.V&p=D&st=2008-04-01&en=2008-12-01&id=p44342609523
(last year)

https://stockcharts.com/h-sc/ui?s=WEE.V&p=D&yr=2&mn=0&dy=0&id=p26010746071
(this year/2 year)
JL
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