WPCS

[sebfr]

buy...

Doji and MA200 as support....
good news :
WPCS International (Nasdaq: WPCS) Announced that it has recently been awarded a variety of new projects totaling $1.2 million for wireless infrastructure services and specialty communication systems. Included in the contracts awarded to WPCS are projects to be completed for the City of Wheatland, California and the Monmouth Ocean Hospital Service Corporation. Also, projects are to be completed for Princeton University, the Borough of Eatontown, New Jersey, New Jersey Department of Transportation and the Carteret New Jersey Police Department.

[sebfr]

Bearish signal...Cf. chart

[J.Livermore]

I've been buying small lots and building my position in this one, and will add more if it breaks $4.25, my goal is to later average sell above $6

Merriman CF research target 6-7 range for price target and fair value:



So I believe WPCS is ready for another big move, but still quiet with small volume.
They just close more 9M in new contracts so the company guidance to have 112M in 2010 is even more realistic now:
http://biz.yahoo.com/prnews/090928/ph82337.html?.v=1

the charts are awesome:

[setravis]

WPCS - Break Out
http://www.chartmoney.com/stockquotes.php?ticker=wpcs
WPCS International Incorporated, a design-build engineering company, focuses on the implementation requirements of communications infrastructure worldwide.