Replies to post #369 on Weatherford International Ltd fka WFTQ

[wadirum1]

If WFT can put in a higher low and then a higher high (above $4.23), then it would be off to the races.

But I doubt I could bring myself to hold it that long. It would have to be rocketing up. Impatience is not a weakness on this stock IMHO.

[l_winthorpe]

So this might be an amateur question, but how can you spot a turning point? It seems like the stock is at a turning point, if one were to look at the following indicators, but is there a way to confirm your assumptions.