World Surveillance Group Inc (fka WSGI)

[Wizetradr]

OK People this is a weekly chart......

http://stockcharts.com/def/servlet/SC.web?c=gtel,uu[h,a]whclyyay[de][pb10!b20!b50!b100!b200!b500][vc...

For all the so called investors here, this will not please you. I am neither pumping nor bashing, just showing you what my TA is showing me.

For those that don't know what a weekly chart is, The single candles you will see on this chart are for one full week of trading, in other words, the open on Monday starts the candle, the close on Friday ends the candle.

The support at .235, which is being supported right now by the 75dma on a daily chart, is the unknown. Can the 75 dma continue to hold support? Or will it give way? Only time will tell, Personally, I see too much downward pressure on the pps for it to hold.

Unless Huff comes up with a few "Good News PR's" I can't see this current chart holding up.

Just doing what I do best, TA, not being a dooomsayer buy any means.

Look at the chart and decide for yourselves.

WT