Sat, Jul 26, 2014, 2:30 AM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Walter Energy, Inc. Message Board

  • blackboxfund blackboxfund Jul 11, 2013 2:27 PM Flag

    Where is the UPDATE ?

    We do expect one and it better be good as we will go to $14 tomorrow if we get any good news !
    Has anyone talked with WLT's IR today ?
    The hourly channel is the upside resistance NOW at 12.28 and a push thru will be setting us up for a BIG time upside move !

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • WLT already broke out of the downtrend from May-21st and currently trading above 20 dma (10 dma has now turned up) Technically, a very Bullish set up.

      Challenges Ahead:

      1) The very strong downtrend from Feb-13 ($40-$10) is around 13.5'sh level today and dropping.
      2) 50 dma around 15'sh level

      If challenges are overcome...

      if 1) is broken on decent volume then WLT breakout might start a short squeeze and if 2) is broken then break-out will be confirmed and new uptrend to challenge $20-$21 will be in play.

      If we further extend the rally and break $21 then clear skies until $28.

 
WLT
5.86-0.08(-1.35%)Jul 25 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.