WPT, Westport Innovations Inc. update

wpt sept 26 2013

We got a few things right but did not execute terrible well. Now it looks like this stock has been triangulating for quite some time. If correct it is a buy briefly for wave d and then a sell for the larger degree wave C down. You have to be nimble to play the d wave as it can stop well under the top line or a little above it! The RSI and MACD seem to be in tune with this scenario.