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Soapy Bubbles

01/10/09 8:09 PM

#32922 RE: jakes_dad #32916

Hey JD. WAVX is overbought on the RSI and STO -- also starting to profit take as well. Your sell signal were the two candles previous to the last candle since they hit the UBB and formed flat tops -- no curvature. This is a sell signal. Support looks like to be around. 50c (weak), 44.5c, and a weird region about 38.5c. WAVX is a classical system -- buy on LBB, sell on UBB.