Stock Chart Analysis WBD

Posted by downtowntrader | 5/01/2007 10:05:00 PM | 0 comments »

Stock Chart Analysis WBD

Wimm-Bill-Dann Foods OJSC (ADR) (Public, NYSE:WBD)

WBD cleared an ascending triangle in March and is in the process of consolidating that breakout. This consolidation is very tight and has already gone far enough to put most indicators in oversold status. If the stock markets cooperate, WBD could be off to the races.

Good Trading,