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22-Mar-08

WEL: Boots and Coots

Watchlist Idea for WEL.

This is a small cap value stock with a high RS. These have historically significantly outperfomed the overall market. I will buy this on a high volume breakout above the buy price of  1.71.  Initial stop = 1.37. Eventual sell price to be determined by my trend following system. .  Cap =120.  PSR =1.02.  RS =80.  Acc/Dis score =B+.  It's currently in a 12. -week sideways pattern.

Tagged Stocks: WEL

 

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