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Post# of 249154
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Fullmoon

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Fullmoon

Re: None

Tuesday, 02/02/2010 1:40:30 PM

Tuesday, February 02, 2010 1:40:30 PM

Post# of 249154
WAVE SYSTEMS: THE TREND CONTINUES UP (WAVX)
Feb 02, 2010 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Wave Systems (NASDAQ:WAVX) on November 16, 2009 at $1.22. In approximately 3 months, Wave Systems has returned 84.4% as of today's recent price of $2.25.

Wave Systems is currently above its 50-day moving average of $1.61 and above its 200-day moving average of $1.09. Look for these moving averages to climb to confirm the company's upward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Wave Systems shares.

Write to Chip Brian at cbrian@tradethetrend.com

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