Air Water International (fka AWTI)

[The Original dpb5!]

Poised for a breakout?

As Deacon_Funk stated tonight on the RB WLGS Board, lack of volume is a concern.

Should it be? If you are keen on Chart Analysis, take a close look at the following link.

You will see that the large volumes were happening JUST BEFORE THE END OF THE YEAR (Tax selling?)

Since then, WLGS has had a tremendous resurgence of strength in both the Stochastics and the MACD.

It would be very easy to assume that with no new news since the 1st, that it must be the current investors simply seizing the opportunity and buying up WLGS as quickly as they can. Almost a given.

But IS WLGS to continue this almost 30% per day rise. Possibly, but not likely. (I sound like "him"! Sorry!) What I mean is that in order to keep the strength that WLGS is showing, we truly DO need some NEW NEWS.

I am meeting with my broker friend at 930 tomorrow morning to place an order. I am only struggling with just what to do. I posted earlier that I wanted to quadruple my holding, but I may just triple it right now.

If I only had a crystal ball....

http://www.askresearch.com/cgi-bin/chart?symbol=WLGS&exchange=USA&cobrand=