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SwingKing

06/03/14 10:46 AM

#314828 RE: TraderUsa #314816

I agree, WSTL is setting up for a possible squeeze and have it on watch myself. Not going to move on it until after the ECB on Thursday or if it starts moving.

Deepest Deep Value Micro Caps

Chart is in a ending diagonal and the volume has picked up since the initial drop. The float is 60 million and is 25% short so you can see there's plenty of fuel for the fire should it get going. A look at the 60 min charts shows positive divergence developing increasing the chance of a possible reversal.