AWEC , AMERIWEST ENERGY CP
Daily Commentary
Our system posted a WAIT today. The previous SELL recommendation was issued on 01.09.2008 (30) days ago, when the stock price was 0.6500. Since then AWEC has gained 15.38% .
The tag stays at WAIT. However, the market continues to go up since the previous SELL signal. The patterns were not agile enough to recognize the bullish move.
You can either wait for the next signal or you may join the bullish crowd. The decision is up to you.
Short sales are not advised given the current bullish momentum though our signals are currently neutral about this issue.
Data provided by: End of Day Data