Replies to post #189639 on Wave Systems Corp. (fka WAVXQ)

[cooler]

excerpt from the Beacon Equity Research report:
http://www.beaconequity.com/stock-alert-for-wave-systems-corp-wavx/

WAVX’s recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility. Additionally, WAVX is trading above its upper Bollinger Band. Relative to recent price action, the stock is currently overextended and due for either a pause or retracement.

The MACD for WAVX currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0, which implies that the underlying moving averages are trending higher.

http://www.beaconequity.com/stock-alert-for-wave-systems-corp-wavx/

cooler