[Buying Weatherford International (WFT)/Day Order/Limit $42.77]
Dear Member:
Weatherford International (WFT) is a drilling equipment and service company. It has been in an uptrend since October and has again bounced off the uptrend line. My initial target is a resistance near $44.50. I would exit on a break below the uptrend. The stock is above the 50 day MA.
DISCLOSURE: At the time of publication, I have no position in the referenced stock.
Sincerely,
Bill Kraft
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