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Wolverine Exploration, Inc. Message Board

  • skeetz1234 skeetz1234 Nov 24, 2004 1:32 PM Flag

    Consolidations Can Be Slooooooooowww

    periods of time when you are in positions waiting for them to breakout, WOLV is indeed very bullish, but should be a nice pop up, about 12 cents on the breakout, should consolidate right around $1.42, but would not be surprised to see a retracement back down to $1.30 and consolidate there, question is, will it happen today, or on Friday?

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    • It's on a higher low formation yesterday and today. Rising Wedge is considered bullish. We just have to blow the lid off $1.30 to get us moving again. Hopefully soon. Good luck to all and a great Thanks Giving.

      • 1 Reply to maven37514
      • Well I did all I could, I invited the folks on the SIRI board that were losing like crazy over to my other two positions I'm in, WOLV is one them, rather than licking their wounds and coming over and helping with just a smidgeon of that scwheet SIRI volume, they were somehow traumatized and disoriented, I think I saw some of then on the side lines wondering what happened. Now me? I hit my price target of $5.95, I sold, course yesterday when it continued to go up, I was wondering, but today I feel a bit better, but still all in all, made a very nice profit on it. Only have 1100 shares in on WOLV, waiting on some unsettled cash to clear back into my account before getting into a new position on something else. I made it a habit not to trade on unsettled funds so I dont get caught on a surprise reversal.