LOEWS, ARE WE ABOUT TO SEE A LIMBO WORLD RECORD? (EARNINGS)And do you want to buy the dip
These trends are not looking good.
if earnings can't get over 74 and maintain good momentum, it's going to get pushed down to the support trends. Which are quite strong overall.
The downside is huge.
But it's not like there isn't upside.
I'm just not certain the upside to 80 will occur sooner rather than later.
Personally, I see a bearish looking stock, but I'm also not as confident as I sometimes am because there is a possibility it holds support at 69 and really starts to move.
However, I'm fairly certain we'll see $20 at some point within the next year or two. IMO, sooner.
Attaching CAT and APD
