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DON'T BUY
He’s not bullish on it. All oil and gas stocks are showing the same down-ward trend. He doesn’t see a lot of volume so he would avoid this stock. If it drops below $18.50, get out.
Healthcare
BUY
It’s slowly moved up from $28. The pullback is a natural phenomenon after the pop. Lots of volume. He would buy it here.
Financial Services
HOLD
It’s broken through the resistance point. The volume looks pretty good. It’s one of the few stocks he would look into buying. A good short term upside target is $14.50. It’s had a major decline like others in the sector.
oil / gas
SELL
He wouldn’t take a position right now. If he held it, he would sell it right now. Technicals are downward tending. Sometimes technical stocks don’t work for all stocks. There are major red flag. (Analysts’ price target is $1.43)
precious metals
BUY on WEAKNESS
The stock looks to be finding support here. He would be very cautious. He sold out around $450 from a technical point. He still has half a position though. It was a good day today so he will probably buy back the stocks he sold.
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COMMENT
They make pharmaceuticals for pets. The action today looks like it’s breaking down. The volume looks good but there’s been a lot of selling. He would be very cautious.
Consumer Products
TOP PICK
The chart looked good and he bought it around $46.50. He would exit if the price falls to his buying price. It’s looking good for the time being and he’s happy with the recent shot up.
oil / gas pipelines