[Setting Stop on Wonder Auto Technology (WATG)]
Dear Member:
Wonder Auto Technology (WATG) has made a very strong move since my entry yesterday. The stock is bumping up against a little resistance in the $9 area and in order to attempt to preserve profit in the event it falls back a bit, I am setting a good 'til cancelled stop loss order to sell at $8.50.
DISCLOSURE: At the time of publication, I own shares of WATG.
Sincerely,
Bill Kraft
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