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Macd crossing on the daily concerning
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AVRO
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1WLong
Macd crossed on the weekly. Pattern should repeat and run up to the 38.2 fib line.
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Boeing is one of the nation's treasures. Critical to aerospace and defense, the government would never let it fail. However, the circumstances will continue to pummel the stock price. They have maxed out their credit lines and in need of further assistance. Dividend cut has yet to be announced, which will add to the pain. 100% retracement to $68 is a great entry...
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TMO is the Amazon for pharmas and biotechs. They supply everything from chemicals to instruments with little revenue coming from China. I don't see this approaching the 200sma. If it did, that would be bottom. Good entry here. NYSE:TMO
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