Replies to post #359 on Weatherford International Ltd fka WFTQ

[wadirum1]

RSI, MACD, and Stochastics are all rolling over. That tells me that a drop is more likely than an increase. So, I'll wait until these indicators bottom out and start to move back up. Hard to say when that will happen or at what price. I suppose it is possible that WFT puts in a lower low (i.e., lower than $3.16).

[wadirum1]

Wow. WFT rolling over very hard. Still a lot of downside based on my reading of the charts.

Question is whether $3 will hold this time.