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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Stockbull who wrote (3103)6/10/2001 4:52:00 PM
From: Al Collard  Respond to of 11802
 
Hi Stockbull,

Your in with WV-v @$.11 for 90,909 shares.

Chart for Wavve Telecommunications, Inc.(WV-v):

stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

Looking at the chart for WV we can see the stock has been in a steady decline for the last 4 1/2 months trading right below it's falling 20EMA. This stock will have resistance getting over $.16 it's 20EMA and would need a couple of finishes over this level to confirm an entry point. The ADX is showing a strong downtrend still in place but the MACD appears to be turning up and a crossover would be a bullish signal. The Stochastics also appears to be rebounding from oversold territory. Who knows maybe the bottom is in for this stock finally.

Latest NR from WV-v:

fin-info.com

Good luck with this pick Stockbull,
regards,
Al