EZMONEY ED AND FRIENDS PICKS

[dmlabuda]

WEST - 60-minute Chart Analysis - There appears to be a Descending Triangle now on the hourly chart that is signally a drop in price to around $.265. There is another good technical reason for this drop and that would be to test support at the 200 candle MA after having crossing it. That is a normal thing to have happen. I fully expect to see WEST continue up to around $1.00 to $1.50 but, along the way there will always be price corrections that allow us to buy more shares or swing trade it and so, I just cancelled a buy order at $0.32 because I believe it is possible for a deeper drop in price. http://stockcharts.com/h-sc/ui?s=WEST&p=60&yr=0&mn=1&dy=7&id=p51038470759&a=241880892&listNum=3