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Registered User Joined: 1/24/2005 Posts: 5
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Need some thoughts on Powerwave(PWAV). Noticing a divergent TSV recently and am wondering if this is meaningful enough to make a decision on?
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Gold Customer
Joined: 3/10/2005 Posts: 12
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That is a stock I own. My philosophy mixes technical and fundamental analysis. Funamental because I use the top 400 Value Line rated stocks as a base against which i apply technical analysis.
PWAV is currently in the top 100 Value Line rated universe.
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Registered User Joined: 10/21/2004 Posts: 1
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I think that the only decision that can be made on this stock is to hold. Although TSV is negatively divergent, MS and RS continue to climb. I weigh each of these indicators as important as TSV. PWAV's signals may be considered too ambiguous with which to make a buy or sell decision.
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Gold Customer
Joined: 3/10/2005 Posts: 12
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Standard and Poors upgraded to 5 stars.
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