Replies to post #6837 on Worthington Energy, Inc. (fka WGASQ)

[xZx]

one bidder grabbed 500K shares today. quietly, steadily, shares are being absorbed.

it was just last friday you were faked out with a dip down and then monday we popped right back up.

this stock is shaken often enough, i'm betting most flippers have no idea what it will do next.

good luck in your trades.

[Zorro]

I think today was a head fake before the long bomb;)

A/D and OBV trendlines intact and ChiOsc has leveled and looking to turn up.

[Fernace]

Straight, honest analysis without the puff. A rarity.

Good luck to everyone here.

[AUDACIOUSWON]

I don't disagree with your analysis, however I think it's going higher next week. A PR regarding production will bring us higher. I don't think it's a good idea to rely on technical analysis, but time will tell. Best of luck.

[hyz960297]

If you look at the weekly chart (http://stockcharts.com/h-sc/ui?s=WGAS&p=W&b=5&g=0&id=p92530785219),

we are more like in a pennant pattern. In combination with the imminent oil flow news, the next sharp increase is coming soon IMO.

Here is an explanation of pennant pattern from stockcharts.com

http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:flag_pennant_continu