I had a nice run with this stock. I picked it up a little more than a year ago when it was at 56$ and since then it made a good profit for my standards.
I think that the party is over with COP as it begins to gain downward momentum. Many think that the market is good in this sector and that this is a little slide in an otherwise upward trend. This looks more to me like a slow but steady decline, and while this slow decline can give enough time for those who are in a profitable situation to dump the stock, those who wait too long could end up making a horrible mistake. Does anybody agree with me?
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