|Day Low/High||27.42 / 28.52|
|52 Wk Low/High||14.98 / 35.78|
Petrobras is a strong bottom bouncer with $14 actually a possibility.
Given these developing formations, here's how I'd look to play the stock.
I have been holding some of these names for so long, I think they are beginning to rust.
Let's take a peek at overnight and early-morning price action in the major asset classes. Exit light Enter night Take my hand We're off to never never land. -- Metallica, "Enter Sandman" Let's take a peek at overnight and early-morning price action ...
Dan Fitzpatrick examines three stocks viewed on Fast Money. Today's stocks include Freeport McMoRan, Procter & Gamble, and Nucor.
Cliffs Natural Resources is pointing downward, but two foreign names are setting up nicely.
Steel Dynamics looks particularly bullish and is poised for more upside.