An options trade to fade an overblown rally in this industrial giant
Looking at a 20-year chart you'll see the stock has rallied around 200% over the past 18 months, breaching a major bearish trendline that started in 2007-2008.
Source: cnbc.com
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Looking at a 20-year chart you'll see the stock has rallied around 200% over the past 18 months, breaching a major bearish trendline that started in 2007-2008.