Bill Carrigan
National Oilwell Varco
NOV-N
HOLD
Apr 13, 2012
The trend on this one is higher. In a lot of support on his point and figure charts. If it gets back above $80, it will work higher and maybe make new highs.
It would be a wonderful thing if this crossed $90. It has been trying to do this for about 2 years. It is finding support and is in a wedge. Breaking below the baseline would be a disaster and breaking above would mean that you should get into this. Keep an eye on $90.
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