Looks to me like these manufacturers of killing machines are very lofty when viewed by way of these multi-decade long channels. Priced for perfection.
(Click on image to enlarge)
(Click on image to enlarge)
Industrial Goods Sector Is Indefensible
Two stocks from the industrial goods sector are priced for perfection.
Disclaimer:
This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
Comments
Log in or sign up to join the conversation.