I think this stock is entering a 3rd wave up and it should be a big move. The Long term chart already shows a major move underway with the rise in silver, but another big leg has probably started. I have been in and out 4 times in the last 2 months and now I am just going to try and hang on and not trade it. The dip two weeks ago to $8.00 was a gift. I managed to catch it at $8.45, but one had to be quick that day.
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=WTZ,uu[w,a]wiclyyay[dd][pb10!b20!b50!d20,2][vc60][iub14!la12,26,9!lh14,3!lf][J36810338,Y].gif
Nice chart by Richard Carey. I'd rather post a pretty chart than just show a Bigcharts image.
The technicals speak for themselves. The volume seems a bit light for a B/O and is something to watch.
cheers,
john
WTZ
Started by
SilentOne
, Oct 26 2004 05:17 PM
1 reply to this topic
#1
SilentOne
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- Traders-Talk User
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Posted 26 October 2004 - 05:17 PM
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#2
senorBS
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- TT Member+
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Posted 28 October 2004 - 09:06 AM
Looks a lot more now like a 5th wave that has completed amigo. No BS.
Senor
![http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=WTZ,uu[w,a]wiclyyay[dd][pb10!b20!b50!d20,2][vc60][iub14!la12,26,9!lh14,3!lf][J36810338,Y].gif](http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=WTZ,uu[w,a%5Dwiclyyay[dd%5D[pb10!b20!b50!d20,2%5D[vc60%5D[iub14!la12,26,9!lh14,3!lf%5D[J36810338,Y%5D.gif){kind=link}