Updated chart below of my best long-term idea out of the European crisis, noted last June in this post.
Total has gone up about ten points since then, and I am happy to hear that many readers placed this stock in their long-term portfolios to great success.
I have always been amused by people who try to pigeonhole my blog as being purely short-term or purely technical. You get the total package here. Work on your own game instead.
As for Total, a crack above the mid-$50’s projects a much higher run out of this monthly resistance trendline drawn below.
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5.7% divvy
France is the next Spain. Renewed talk of French structural issues might “headline” the Total play.