Steve Woods' Float Analysis Newsletter

FloatAnalysis.com
Click here!

May 7, 2005


	Two stock charts and two graphics appear below. The first chart shows how the stock looked just before it made a 49% move to the upside in 35 days and still counting. The second chart shows the resulting price move. The purpose of these charts is to demonstrate the principles of Float Analysis. Feel free to share this stock report with others. Endwave Corp. (ENWV) Support at the Lower Float Channel Line From February 2nd, 2005 to March 17th ENWV made a sideways basing pattern that was one float turnover in length. This implied that all of the shares available for trading (the float) where being accumulated by smart money. Once a large percentage of the float became tightly held by the Smart Money, the price rose. On March 17th ENWV touched its lower float channel and closed strongly higher on big volume. This was an early indication that the accumulation phase was over and that a price rise was about to occur. Study the Charts and the Graphics below it. It will help you understand the principles of Float Analysis.

	INFO ON OUR PREMIER FLOAT CHARTS WEB SITE Want to find stocks like those above? Check Out Steve's New Web Site! Consider subscribing to www.FloatCharts.com. We track Float Turnovers on over 7000 stocks and scan the market for ABC Float Set-Ups, Breakouts and Breakdowns that are poised to make big gains like the one shown above. Our *Float Charts Central* site is the world's premier site for Float Charts and Float Analysis. We also send out Stock Alerts and a Weekly Newsletter. Check us out! At www.FloatCharts.com we're always on the lookout for trading opportunities like the one above. We currently have a Silver ($30 a month) and a Gold ($75 a month) Package. Visit our homepage and see the results of some recent stock picks (near the bottom). You'll be amazed at the power of Float Charts and the returns our stock picks can generate. Our stock picks are based on the ideas found in Steve's book Float Analysis, Powerful Technical Indicators Using Price and Volume (Wiley, 2002). The book's former title was The Precision Profit Float Indicator (Marketplace Books, 2000).
	EMAIL ADDRESSES OF ALL STOCK REPORT RECIPIENTS ARE SHARED WITH NO ONE. You are currently subscribed to the FloatAnalysis Free Weekly Reports as: $subst('Recip.EmailAddr'). To unsubscribe, send a blank email from the above address to leave-freereports@burst.sparklist.com, and you will be instantly removed. To update your email address simply resubscribe with your new address here. Unsubscribe your old address by clicking the unsubscribe link in any epublication sent to the old address. Need help or have questions regarding your subscription? Send an email to info@floatanalysis.com. ©2005 FloatCharts.com LLC All rights reserved.