WLT break out alert

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WLT finally broke out of the 3 month downtrend. We alerted our members of possible breakout on 5/8. If you jumped the gun, but held on then you are rewarded today (and possibly for weeks to come).

Conservative price target of $22 (should be 50 day SMA by then) should be met easily, and if momentum continues we can see this thing go back up to $28 range.

About Steven Chang

I bought my first stock in 1998 and lost all my lunch money on CSCO (traded my way up to $80/share and didn't know better to sell!) during the 2000 dot-com bubble. I've learnt a great deal about trading and hope to share that knowledge and lessons learned with you. Be sure to subscribe to SRT blog to get email notification whenever a new blog post is published. Join our SRT Mastermind Group to network with other elite traders to share trade setups and chart analysis.
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