[Moving Stop Up on Wonder Auto Technology (WATG)]
Dear Member:
Wonder Auto Technology (WATG) appears to have stalled near resistance that is around $9. In order to preserve significant profit and still let the stock price "breathe" just a little, I am moving my stop to $8.70 which is slightly below today's low. If the stock breaks through, great; if not, there is still a substantial profit.
Sincerely,
Bill Kraft
|