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Replies to post #7102 on lowtrade

Replies to #7102 on lowtrade

lowtrade

07/20/07 8:03 PM

#7110 RE: BoomTime #7102

Boom
WWAT
http://stockcharts.com/h-sc/ui?s=wwat&p=D&yr=0&mn=3&dy=0&id=p90633317065

Looks like a nice climber to ad to my watch list, for a play when the 5MA retreats to the 10MA. Surfs up.

Only concern is the large profit taking volume spike by retail the 19th. A weak continuation come back today, less then half the volume of the day before. But it's due to bring the 5MA down to the 10MA. So should expect volume lowering.

Just worry about if retail is taking profits too quick & large now. They may be predicting loss of faith? The darn thing may not stop at the 10MA.

Caution