(WIND) Stock Facing Resistance
Posted by Blain Reinkensmeyer
June 2, 2006 at 10:28 am
Stay away from Wing River Systems (WIND) as the stock is showing no signs of rebounding at all. Since the beginning of March the stock has fallen from above $15 all the way below $10. Trading now below the 50 and 200 day moving averages there is no signs of this stock trading up anytime soon. Now, news can change things in a flash, so keep an eye on this stock chart. Today WIND closed at $9.27, down $.18.
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