World Surveillance Group Inc (fka WSGI)

[techBear]

wolfrun, we are still bullish .. although fairly indecisive right now, the market is waiting to make a strong move one way or the other. We are holding around 0 for the MACD without a decisive high volume move down or up. With the price holding approximately at or around the 50 MDA, I'm still waiting for the MACD(12,26) to cross up.

Other Indications are saying we at least hold at this support and continue waiting for that breakout.

Bollinger bands are tightening up again (refer to BB5,2).
Stochastic hit a higher low and are stalling again on the crossover up … showing strengthening support.
Aroon(22) is also drifting up.

IMO, I thought the 10k would clear the indecision of how we would trade, apparently it didn't and we are still waiting for that decisive move.


http://www.investorshub.com/boards/read_msg.asp?message_id=5904623