Wave Systems Corp. (fka WAVXQ)

[Fullmoon]

Wave Systems: The Trend Continues Up (WAVX)

http://www.tradingmarkets.com/news/stock-alert/wavx_wave-systems-the-trend-continues-up-wavx--797009.html

See the PowerRating of WAVX now and learn how it rates on a 1-10 scale.The higher the PowerRating, the greater potential short-term gain based on historical data.

Feb 23, 2010 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Wave Systems (NASDAQ: WAVX | Quote | Chart | News | PowerRating) on November 16, 2009 at $1.22. In approximately 3 months, Wave Systems has returned 150% as of today's recent price of $3.05.

Wave Systems is currently above its 50-day moving average of $1.95 and above its 200-day moving average of $1.22. 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 [e-mail]