wwatson1 journal

Buy on today's open LWSN

Technical points:

Entering here close to triple tested support will give you confidence to sit in the trade as you have a nice clear stop loss. The initial stop loss on this trade is a close below $4.80.

Large volume and upward moving prices suggests an upward bias.

Fundamental points:

The most recent quarterly earnings report was significantly higher than analysts’ consensus forecast.

Signed a major contract with Sioux Valley Hospitals & Health System in Lawson's fourth quarter of 2005.
 

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