Supposedly there is going to be a Seeking Alpha article by contributing author "Micro-cap Gem Finder" published today about WTSL being bullish. I doubt it will have the same effect as a press release from Wet Seal Inc's HQ, but most Seeking Alpha articles find there way to the major financial news outlets.
You combine the article with the price and positive closing today.... well folks I just may get the gains I'm waiting for. Better yet, the Freeride rule is lifted today and I can freely trade out either way.
So, about today...
The indexes saw green again and as a result WTSL ended in green as well. In fact, when I took a look at the charts I found that not only did the stock close with a strong position over the 13ema, the percentage chart shows that it traded mostly bullish today. All good news that suggests today is going to be a good day.
|Candlestick Chart/Intraday 5 minutes|
Note the large bull candles with buyers taking advantage of the price? Could this be swing traders prepping for today?
|Percentage Chart/Intraday 5 minutes|
Note the strong bullish open to half day? Large bullish spike at end over the 13ema?