WPRT looking for a base here

BATS:WPRT   Westport Fuel Systems Inc
The low price of natural gas and the falling price of WPRT which makes natural gas conversions for trucks and autos has my attention. This stock has come down a long way on some bad news and some competitive pressures, but what the chart is telling me is that the sellers are running dry and the buyers are lined up right under this price level. So, the risk:reward appears favorable. Upside to the $40 level over 3-6 months and downside risk to $25-$23 (October 2011 low). Updates to follow and comments and insights welcome. 7:14AM Friday April 27, 2012

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