Tuesday, December 04, 2007

Wonder Auto Technology (WATG)

Wonder Auto Technology (WATG) has a solid upward price trend, supported by good volume accumulation (buying spikes, and rising on-balance-volume combined with a volume breakout). The MACD is a little scrappy, but the latest 'buy' trigger occurred well above the bullish zero line. The stock is rated by Motley Fool's CAPS, and the company is optimistic looking forward.

Follow the trend and trail that stop.