Showing posts with label COV. Show all posts
Showing posts with label COV. Show all posts

My Covington (COV) long trade

image

So far my medical stock Covington has been performing one of the best amongst all my long positions. It has been going up all through out next week while the majority of the other sectors have started their retreat such as financials, techs and a couple of commodities that are related to manufacturing or material based. This has been reflected again this week, seen from the Asian markets in Japan. The Nikkei reported a decline in today's opening trade with only healthcare stocks advancing.

Maybe that could be a possibility that tomorrow's US markets will have the same theme also.

Bought Covidien LTD. (COV) in Last 10 minutes of trading before close

Bought a little healthcare today. Covidien, is engaged in the development, manufacture and sale of healthcare products for use in clinical and home settings.Target price for this baby is $40.38 with a stop loss bellow $30.82 support level.

 

image