WLT bottom breakout

looks good for a possible breakout above 14.13

BREAKOUT WATCH for possible breakout above 14.13, no resistance in area just above.
Type: True breakout from double resistance.
Target: 17.03, 24.9% Stop: 12.77, Loss: 6.3%, Profit/Loss ratio: 4 : 1 - Excellent

WLT_9_3.png


source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=WLT
 

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Pretty strong breakout this morning and holding up. Lot's of buyout rumors on this one. Nothing that I can find any real detail on, but this morning move is pretty strong. We'll see if it holds.
 
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