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

Post by Everswan1on Mar 16, 2010 11:54pm

452 Views

Post# 16891032

Predicting a Bounce Up

As you can see, we stopped at near 20 days / 100 days moving average. 2.35/2.36
Short term momentum indicator are already pointing to a "very short term bottom"

The SP has not a lot of room left below to go.
Since nothing negative at all is happening to WEE. On the contrary, news have been frequent and bullish lately
Since nothing negative is expected from oil, general market and oil sector.
There is no reason for SP to dip downward.

Most likely reading would be for buyers to line up bids at 2.35/2.36 empty out the weak hands and moving upward.

Chart for WAVEFRONT TECHNOLOGY SOLUTIONS (WEE.V)