Thursday, March 4, 2010

WAMUQ - Breaks Ascending Channel

You may remember my WAMUQ chart a few weeks back when the stock was trading hands at a little over $.20 a share.  I called for a 50% rise to $.30 a share.  Only days later my target was hit.

Today WAMUQ broke that channel to the upside.  I think this bodes well for longs in this stock and confirms another big move higher.  The next target stands at $.40.


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