02 Secure Wireless, Inc. (OTOW)

[dmlabuda]

“Unless the soul goes out to greet what you see, you do not see it. Nothing do you see, not a beetle, not a blade of grass.” (an old quote but I can’t recall who said it) – Anyway, you mean to tell me that you cannot see that bearish divergence between the price spiking higher and the Slow Stochastics moving lower between the end of May and June 9th? You must have been blinded by that MACD. That lethargic old indicator never seems to predict anything. Can’t understand why anyone pays attention to it at all. Or, maybe you re just looking for reasons why it might go up and are ignoring all the others. That can happen when you own shares in a stock, especially if you read all that PR propaganda.

Here’s an idea for you. Take a look at the 60 minute chart (if you have one) and see if there might be a rising wedge formation present in the last three or four days. Maybe that will shed some light on the situation if there is one. I’m an end of day trader so I have not seen that chart but, I suspect there could very well be a wedge there.