Tuesday, June 5, 2012

Tuesday Afternoon

WTR Daily Chart (11:45AM)
The stock hit a 52 week high yesterday and improved on that today.  It's a bit extended here and I would not chase it but if it pulls back to 23 or just below to test the breakout that could be a good entry.  The stop would be just below the 10 day sma and if it bounces from that area I would fill the position quickly.

Since this is Tuesday Afternoon ..... http://tinyurl.com/73lh5m3