"No man can become rich without himself enriching others"
Andrew Carnegie



Wednesday, January 25, 2012

The Breakout for Today: WPRT

Hello my Investors, Traders and Readers friends. The market is showing signs timid. Yesterday, the major indexes down slightly. The exception was the Nasdaq, which rose marginally. The market continues to overbought but not seen any clear sign of correction ... yet. If the DJ-30 level only to fall back to its moving average of the last 50 days, this fall will have to be about 500 points. This is the level of uncertainty faced by traders every day. For this reason, is that for over a week I think that there should be very cautious with investments made ​​during these days.
Of course there are always some stocks that continue to show strong performance. This isthe case, for example of Westport Innovations Inc. (WPRT)Yesterday, the stock closed at U.S. $ 38.06, up 6.91%. Its turnover was 3 million shares, far more than your daily averageis 762 thousand. Recently, WPRT has broken an important basis of price. This generatesthe stock, the opportunity to continue to rise significantly. See the following chart.







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