Powerwave Tech, (PWAV)

Discussion in 'Stocks' started by hughb, Mar 22, 2011.

  1. hughb

    hughb

    This one appeared on my radar back in the first week of December when it was making new 52 week highs. I stopped paying attention to it until recently when I noticed it was resisting the overall selloff in the market. It poked up above 4 again today, I bought it at 4.16.
     
  2. hughb

    hughb

    Although my stop was at 3.50, I don't like the way this thing is acting. Sold it at 3.61 this morning.
     
  3. The stock is in a base. Could be for years.

    Above $5, it's worthy of a position.

    Above $17, that's the ticket.