Wave Systems Corp. (fka WAVXQ)

[Vacationhouse]

tkc, RE: TA

Sorry for the late reply. Took a long weekend with the kids only to return yesterday with us all sick. :(
Just catching up today.

RE: MAY We doubled in May. That would be a tall order for Oct. unless if came in the form of news.
The chart, as I see Claytrader posted here already, looks quite nice once again.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42375739

Yes, We look to be taking another run. We have flat lined for a a month and a half and are ready to spring.

Nice to see. We are above all our moving averages once again. These resistance become support.
10 day .92
20 day .89
50 day .88
200 day .78

All good...
except we must note that all the support we broke through on the way down is now resistance on the way up. There will be several stops along the way.


I am not a buyer nor a seller but, watching should be interesting.

I have been told by a friend that As of last week there are over 100,000 shares no longer available to shorts that have been moved from margin accounts.

I would love to see us above 1.06 to show this breakout is real. 1.12 and a couple of numbers in the 1.20-1.23 are also reisitance. Perhaps some good news or a surprise in earnings would bring us through those resistance points?!?!?!


I see that we are still moving up as I am writing this. Perhaps I will get my wish of over $1.06 this week.

Have a grand day!