WB - Analysis for 09.11.2007

Monthly chart shows price currently at key s/r of $48.60 area. Price needs to stay above this in order for a move higher. August brought out early buyers, building a support area at the $45 level. No strong buy signal as of yet off this chart.


Weekly chart shows sellers tried to take price back down towards the lows -- however buys gapped open the stock at the open of the trading day. Look for follow through to take price to test the $50 area.

Daily chart shows higher low currently being made. Short term buy signal in place. Look for follow through tomorrow to confirm move up.