2waytrading

Inverted Head and Shoulder (Bullish)

Long
BATS:NOV   NOV Inc
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1
FYI the company will report its earning on Feb 1st. This bullish pattern is suggesting a possible upside move of 10% from Friday's close. If you decide to take a long position with earning report date in mind, make your stop lost at recent swing low at $70 with target price $78. In this earning season, you need to join us http://www.woowtrading.net

Comments

Plus weekly chart shows as recovering from a pullback
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