Tuesday, August 23, 2011

Xinde Technology (WTFS) Technical Stock Chart Video

After a sharp price decline a couple months ago, the WTFS chart is now oscillating in a channel between 9 and 15 cents. With the MACD trending back towards zero and the price holding in the in the center of the channel, technical traders will be on alert for a trend shift as the stock looks to make up some of the lost ground from back in June.

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