Tuesday, August 23, 2011

Trading Alert for 8/24/2011


One symbol to trade tomorrow - $WTSLA
We haven't had anything in our screener for a long time (2 weeks or so). This is something that worth to celebrate for bulls :-) Is it? I don't know. We'll see tomorrow. Looking at $WTSLA chart I can say that set up looks good and a bullish continuation is very likely, just at least to hit the upper edge of the channel. Overall $WTSLA doing quite well, given the current market condition. It is still in a strong ascending channel and all red corrections were on a minimal volume, while green bars accompanied by strong trading volume support.



Backtested Symbol: WTSLA
Strategy: Pennystocks100 (5 min chart)
Period: Aug 22, 2010 - Aug 22, 2011
# Win: 1 
# Loss: 0
Winners: 100%
Profit-Loss%: 0.98%

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