How to spot the end of a trend
The long-term chart in NOV looks promising but it needs to clear 43.00 for the daily to confirm buyers have regained control.
The chart below is from Investors Business Daily product “Marketsmith.” Their charts make it simple to see technicals, on multiple timeframes and of course, fundamentals. It really is a unique product which blends both disciplines in one easy place. Take a 3 week trial to Marketsmith for just $19.95 here.