50 Day Moving Average on weekly chart indicates price increase in the near term.
Top Contributor: Kayos978 | Created when NASDAQ:WAVX was $2.31 | Edit | History
Based on the Weekly chart for WAVX this year, it appears the recent drop in price can be attributed to a pull back on stock price to the 50 day moving average. I expect this stock to climb again in the near time to the next resistance point just under 3 dollars.