Thursday, February 14, 2013

Adjust WMT stop and buy YRCW

New Stop for WMT is $69.90.


Now keeping an eye on YRCW.  This shipping company has been a dog of the industry but recently reported positive annual operating income for the first time in six years.  On the technical side, it has a clear elliott five wave impulse up and a 61.8% retracement.  This is a buy with a stop at $5.9.  Initial target is around $9.00 but it could go much higher.





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