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Technical Analysis with Woodshedder

Intraday Setup: WAT

by Woodshedder on November 16th, 2007 at 12:38 pm

WAT is breaking above a bullish consolidation. This consolidation follows a bullish earnings report which saw the stock surge 10 points on strong volume. The stock is not yet overbought, and both MACD and Stochastics suggest the stock has room to move upward.

This entry was posted on Friday, November 16th, 2007 at 12:38 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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