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Walter Energy, Inc. Break Out Level

|Includes:Walter Energy, Inc. (WLT)

Walter Energy, Inc.(NYSE:WLT) crossed the $10.00 level perfectly as predicted and is currently trading at $10.67. Many investors have emailed me asking if there is more upside to be had after this great call. The answer is most likely yes. In the chart below, please note the trend line that needs to be broken. Should it break, significant upside can be had. Upside target potential is to $11.80.

Gareth Soloway

Stocks: WLT