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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (4518)8/20/2000 4:04:49 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Tim, the charts of WSTL and the holy one have a lot of similarities in the last few weeks, both have weak RSI and OBV, they both seems coiled, but with the OBV in negative territory, I fear the coil might be resolved poorly. let see how the settlement impact the price, but do not be surprised if a run to about $18 is stalled and the stock is sold on the good news. With the holy one, I can understand the market loosing patience waiting for a major PO, but what could be ailing WSTL? Well, right now I am in neither, but both are still on my radar.

Zeev
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