Monday, March 20, 2006
New Wave Tech as requested by johntan2727
Since 6th March 2006 price has been trading in a narrow congestion band between 24.5 cents and 25.5 cents. No significant increase in volume so far during this congestion period. RSI turned up slightly due to 0.5 cents higher closing. Stochastics no buy alert yet. Need to breakout above 26.5 cents as shown by the green line. Will probably see more range trading this week unless strong bulls or bears take control. Immediate support is the gap support at 24 cents.
# posted by Cherie : 8:47 AM
