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#1
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WOR is not a bad buy at these levels looking at the technicals
Looks like 21.75ish area was the buyin. It is forming an intraday descending triangle, so it could pull back more. If it does, it will just present a better opportunity as far as entry point. Look at the 6 month chart on it and let me know what you think.
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 |
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#2
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Here is a 6 month chart for everyone to see. It is starting to break over its SMA50, 21.74 is the price it broke that is a buy signal IMO. It has been trading between its SMA50 and SMA200 and is starting to break out of it now.
http://finance.yahoo.com/charts#char...urce=undefined
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Its all about the U 2011-12 NBA: 132-99-5 2012 NBA Playoffs: 34-31-1 |
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#3
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don't see it as a candidate to run up its share price too drastically but the chart does point to it breaking above the 50 day
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