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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » WAGI - west africa gold inc. - * falling wedge* *high volume*

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Author Topic: WAGI - west africa gold inc. - * falling wedge* *high volume*
mattonic
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check out WAGI.OB
The chart trend is a falling wedge, with a share price at its 52 week low. Volume is nearly 7x more then its average volume. There is a slight positive divergence with the MACD right now. RSI is about 40.

i think it is a strong buy....

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glassman
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i'm waiting for bottom to get back in...
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Spinoff
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in with 175k @ .041...should be at least close to the bottom..hopin for another killer PR like the last two
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mattonic
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bought in @ .039

[This message has been edited by mattonic (edited August 25, 2004).]

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Spinoff
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NICE JOB! Did you get in before that last explosion? Hopin for anuthah' one
quote:
Originally posted by mattonic:
bought in @ .038

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Spinoff
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Just picked up 90k mo @ .041. If their news holds water this thing is GONE!!! Talk about smellya latah' GLTU'S'A!!
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mattonic
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glass, it seems like it is bottoming out now.
I would jump in @ .039 like i did.

BTW, for people who dont know how to analyse a falling wedge check out the link below...
http://stockcharts.com/education/ChartAnalysis/fallingWedge.html

[This message has been edited by mattonic (edited August 25, 2004).]

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Spinoff
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Likin the wedge forming on this bad boy . Now all we need is anuthah' resistance breakout to get some mo + divergence eh'. Did anyone get in on that 10/1 split? COMON GOLD FINGAHH"!!!!
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mattonic
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up 21% -- is this the hill climb or another spike down the wadge?

If its the end of the wedge im all in!

-matt

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Clarkie
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already have a thread on this one:
http://www.allstocks.com/stockmessageboard/ubb/Forum8/HTML/008193.html
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mattonic
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are you in on this one clarkie?
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Clarkie
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sure am, I've got a long way to go. I bought in at .10 about 2 months ago, and didn't realize the volitale nature of penny. Now, I've learned my lesson, and just holdn til it shoots back up. hopefully!! Chart looks pretty good now.
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WinsumLosesum
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Clarkie
Member posted August 27, 2004 12:46            
------------------------------------------------------------------------
already have a thread on this one: http://www.allstocks.com/stockmessageboard/ubb/Forum8/HTML/008193.html
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