National-Oilwell Varco, Inc. (NYSE:NOV)
Hello. I have seen your ternd alert for NOV. I have bought "NOV" 2 times with an average price of $32.765.
Do you think I need to hang on to it or sell it.
A: Hi Vicky. We just issued an Uptrend a few days ago for NOV at $33 so your entry price is great! The 50-day moving average may be of some resistance at $34.79 so watch that level closely. If it can close above that, it should have further upside to retest the $40 level again. Short term moved may be impacted with oil price fluctuation but we are seeing a possible turn there as well.