BWY gave me a nice 10% return a couple of weeks ago. I am now watching it as it has tracked back down into the $17.00. It is also in an "oversold" area on the
stochastic as seen on this chart. I suspect a move up into the $18.50 region and possibly into the $20 is a possibility.
stochastic as seen on this chart. I suspect a move up into the $18.50 region and possibly into the $20 is a possibility. Click on the chart to look for the reasons why I am going to be buying.
UPDATE: 2.2.2010
So the stock jumped nearly 5% today. The trade is so far profitable as of today so I have set targets for profit. Click on the chart to the right to see the explanation.
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