National Oilwell Varco (NYSE: NOV): 13 August 2018, Monday, 9.29pm Singapore Time

National Oilwell Varco (NYSE: NOV):

13 August 2018, Monday, 9.29pm Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the technicals for National Oilwell Varco (NYSE: NOV), an oil and gas company listed in the US Market of NYSE and a component stock of S&P 500 Index. The dark green shaded region is my live analysis buy on 26 Feb 2018 (+27.1% profits now). It is also ranked as my top 8 stocks for US markets. The light green regions are my reiterations on buy on energy-oil stocks. The final light green region is where I am adding some buys today while setting my stop loss to break-even to release all my capital for more buys. For the dark green regioned buys, now my maximum loss is zero and maximum profits is as high as the trend can go -- indefinitely. This stock passed my stringent stock selection tests as follow: 1. Fundamentals 2. Funds Flow 3. Technicals 4. Volume (refer technical chart).

Previous Analysis:
http://donovan-ang.blogspot.com/2018/02/national-oilwell-varco-nyse-nov-26.html

Donovan Norfolk Ang

National Oilwell Varco (NYSE: NOV): 26 February 2018, Monday, 11.13am Singapore Time

National Oilwell Varco (NYSE: NOV):

26 February 2018, Monday, 11.13am Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the technicals for National Oilwell Varco (NYSE: NOV), an oil and gas company listed in the US Market of NYSE and a component stock of S&P 500 Index. The crude oil stock is in newfound long term uptrend and had used the correction fear of February 2018 to backtest the double green support trend lines for confirmation of long term uptrend, i.e. confirmation of long term rally was done using FEAR of February of 2018. This was the case worldwide for many stocks across the board. As the new long term uptrend has been established using greatest fear, shaking out majority of the market herd, the stock can be expected to go up in 2018 and 2019.

This stock will be The Donovan Norfolk Top 6 to Top 8 Stocks of NYSE-NASDAQ.

Donovan Norfolk Ang