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Walter Energy, Inc. Message Board

  • ejtrewni ejtrewni Apr 17, 2013 2:36 PM Flag

    There is a good chance this tests the lower weekly bolinger band in the 21 range either today or ...

    tomorrow. The stocks RSI is already quite oversold and the stock is currently 10% under the weekly bolinger band, either the stock comes back and retests that or this free falls to the low teens. As a trader I would watch for the action the next day or 2. If it sees buyers step in and drives this to $21 or $22. Go long. Wait for conformation. Market makers are crushing it and the sector.

 
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