WPT Westport update

wpt sept 2012wpt s sept 2012

Looking at the big-chart it is not clear at all clear if this stock is in a new bull market from the low in 2006, or still in a correction from the 2000 highs. That is the beauty of discipline,  you don’t need to know. Just buy the stock and put in a stop at about $27. This one is so volatile that it could easily gain $10 or more on the next move, risking a dollar or two is probable worth it. The RSI is signalling a turn soon so you may want to wait another day before putting on this trade.