Auguraltrader

Raytheon on the breakout ?

Long
NYSE:RTX   RTX Corporation
A repeated patter on the weekly RTX chart appears to be forming, and technical indicators are set up similarly.

The daily chart is also in alignment as previously. Technical Indicators have just crossed over and suggest a breakout is in order.

About 15% upside potential with upside target at 113.80, about mid-September 2022.

Fundamental and geopolitical alignment should start appearing soon...

Watch this one!

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