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Saturday, 09/11/2010 8:37:16 AM

Saturday, September 11, 2010 8:37:16 AM

Post# of 51804
WTIC Consolidation Near Completion

WTIC had a motive wave selloff the first 2/3 of August 2010. The bounce the last 2 to 3 weeks has a triangle separating 2 advances, so the second advnace is the last of larger trend. The bounce has retraced a fibonacci 50% price and 78% time. Stochastics are overbought. bollinger bands are starting to widen, indicating a rapid price change.


http://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=0&mn=2&dy=0&id=p42318025596

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