Small Cap Highlights
Wireless Age Communications, Inc. (OTCBB: WLSA.OB)
For
Monday, January 7^th, 2008

Tony Golan
Chief Technical Analyst
StockProfit.com™

Zoom

This week I chose to highlight the chart of Wireless Age Communications, Inc. (OTCBB: WLSA). WLSA spent all of 2006 and most of 2007 in a long-term down-trend, making lower highs and lower lows below a declining 200-day moving average (the red line on the chart above). However, In September abd October WLSA hugged the 200-day moving average, and in November it was able to rally above it. Since then, WLSA has gone from a low of 0.12 to a new 52-week high of 0.35 on Friday.

Since WLSA has not seen a bullish move of this magnitude in terms of either price or time going back to the beginning of 2005, and since this move is coming in the face of extreme weakness just about everywhere else, this might be the beginning of a much larger, longer-term up-trend.

As with all stocks, unfortunately, whether or not this up-trend continues higher from here or not has nothing to do with how good the chart looks to me. We will really only know how strong this up-trend is and how likely it is to continue after the stock starts correcting, and at that point, it may not look as good anymore. But that's the nature of stocks. Sometimes, the difference between the stock looking good and the stock looking bad is only one bad day.

So, keep WLSA on your small-cap watch list because its chart is one of the strongest on the OTCBB market right now and it is far outperforming the down-trending market.

Tony Golan
Chief Technical Analyst

Disclaimer: Copyright© 2008 StockProfit™. All rights reserved. StockProfit™ is an independent electronic publication providing information on select public companies. StockProfit™ is not a registered investment advisor or broker-dealer. There is a risk of loss in all of trading. Past performance is no indication nor guarantee of future results. The information contained herein is believed to be accurate.This update is provided as an information service only, and the statements and opinions in this update should not be construed as an offer or solicitation to buy or sell any security. In no event shall StockProfit™ and/or its publisher, P.A. Relations or any of its employees or affiliates, be liable for any direct, incidental, consequential, indirect or punitive damages whatsoever arising out of the use of the Information, or for any errors or omissions in the content thereof, including, but not limited to, from any investment loss, damage or expense incurred by any investor resulting from the Information, or from the purchase or sale of any profiled company or any company which we make commentary. We recommend using good-'till-cancelled stop orders to minimize losses in the event of an adverse price movement. We have not been compensated by company(ies) mentioned above in any way. We do not hold any positions whatsoever in the above mentioned company(ies).