TSXV:WEE.H - Post by User
Comment by
diogneeson Aug 29, 2010 4:37pm
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Post# 17394168
RE: RE: RE: Amateur Optimistic Weekly WEE Chart
RE: RE: RE: Amateur Optimistic Weekly WEE ChartYou are right Charts can not anticipate not take into account the impact on SP of NR's positive or negative.
However they do a pretty good job of indentifying trends along with support and resistance level.
They have been dead on with WEE since last Jan foecasting a down trend. ANyone smart enough to sell
between then and now are ahead of the game. Maybe not long term but givn the paucity of NR's from WEE
fhey likely will be for some time yet.
Wait until ou see the financials for this QTR Unless they pull off some kind of a coup the current price will look pretty good in hindsight.