Sunday, December 10, 2006

WFT Analysis for 12.10.2006

Bullish engulfing pattern showed buyers coming back into the stock in November.

Bullish engulfing pattern right off 89sma as support.

Kicker signal created on Friday, with buyers taking price up to the .382 fib level. Price action looks corrective in nature. Watch carefully next week to see whether we get continuation for up, or a swift reversal back down.

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