jumpers
Long

Speculative WATT entry before CES 2017

NASDAQ:WATT   ENERGOUS CORP
10 days ago
We are watching for a good entry point on Energous             with the expectation that price will jump to the green range by JAN 5, when WATT will demo wireless power rx/tx in consumer products. Successful product shipment is already being priced in as the chart follows the green range into DEC             . We will look to add to our position if price falls into lower blue range in DEC             .
4 days ago
Comment: 6 days after opening this idea, the chart has clearly stayed within the green range. Today, it jumped over 16.50 resistance and I have unloaded all the shares I held when I opened the idea for a 17% profit. My current sentiment is bullish and I may have missed a chance to profit on the breakthrough by picking up additional shares around 15.50. However, only time can tell if this is a true breakout or if we will see another steep regression back into the mid blue range. If the blue regression does occur, I hope to re-enter around 15.50-15.70.

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