WATG is clearly way oversold and on the rebound to new and higher levels, imo, especially with earnings pending.
WATG has received FOUR very positive recommendations recently, three BUYS and one OUTPERFORM from major houses, with $15 and $16.level targets.
Clearly time to take or add to a position, imo.
This is a quality company adding new items to their product line. The rural Chinese people, relocating to the urban center in groves, are massively buying autos, so the demand there and in other places in the world, supplied by WATG, remain robust.
Good luck.
