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Is NOV still a good play?
posted by asieve on 1 months ago
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The technical momentum has been weak over the past two weeks with the market's pullback.
Don't buy this stock just as a swing trade into momentum, because I think your late to
the game. I plan on taking profits in this stock. A better momentum pick would be Potash
(POT), Precision Castparts (PCP). These stocks continue to have high RSI and consistently
outpace the DJIA, and S&P 500.

Last edited on: 08-03-2007 08:00 am

YTD performance is at 90%. Anyone seeing a buy opportunity here?

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