Look At This Stock – WATT

June 21st, 2014
in contributors

by Jeff Pierce, Zentrader

WATT IPO'd in late March and after an initial run up it's essentially been basing for the last 8 weeks. Today it is starting to move higher and if it can clear this base (and close above it) it could be a short trip back to recent highs. Keep this stock on your radar however be aware that it is a lower traded volume stock.

Follow up:

If it can keep the momentum going with the RSI and make it above 70 then the chances that this move is for real increases in my opinion.

Per Yahoo - "Energous Corporation, a development stage technology company, is engaged in developing wireless charging solutions. Its solutions could enable wireless charging or powering of electronic devices at distance. "


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