This is a FullyInformed Members Trade Idea on Phillips 66 Stock. Phillips 66 Stock trades under the symbol PSX. This was one of Warren Buffett’s buys in 2012. Whether he is still holding shares of Phillips 66 Stock (PSX) I don’t know. The trading pattern in 2013 would have allowed investors some excellent trading opportunities with very good profits. The volatility is what keeps me interested in Phillips 66 stock. It has been in and out of my portfolio in 2013 numerous times and I have had no situations where stock might have been assigned. Volume is excellent and that has created strong support levels and good buying interest even in declines. This is what I look for in a big cap stock.
Phillips Stock (PSX) Trade Ideas Outline
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