Disclaimer: The opinions in this blog are not to be taken as recommendations to buy or sell any of the securities mentioned. If you choose to invest, you are doing it at your own risk.
Friday, February 27, 2015
OIL WILL REBOUND
If you think that oil will rebound in the near future, then a good stock to place your bets is in ATW. Expect support at the 50 dma (approx. 29.90). Trading this a.m. at 30.62, it presents us with a buying opportunity provided support holds.
Looking for a close above 30.07 today (3/3/15) for ATW to show support at these levels.
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