Krab
Long

Westar Energy: testing breached level from the bottom

NYSE:WR   WESTAR ENERGY INC
3 0 0
Westar Energy shares broke through the USD 38.50 support level in early March. The stock is testing this level to the upside. The rebound to this level was expected as RSI was heavily oversold. If the stock ends this week above this mark, and the stock will most likely break out of it, we expect the name to trade up to USD 40.

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