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Analysis: #NYSE #RTN
Case 8 #RaytheonCompany
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to place trades.
Please do your own research!
Thread 👇👇👇
1/9
Case 8 #RaytheonCompany
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to place trades.
Please do your own research!
Thread 👇👇👇
1/9
This #stock has been trading in a wide range of approximately $60 and then a #breakout happened in 2014 and since then the stock has gone #parabolic reaching it's all time peak at $229.75 in April 2018. Thereafter a low of $144.27 traded.
#Raytheon is a strong buy.
2/9
#Raytheon is a strong buy.
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Chart 1
Monthly: The monthly pivots on a closing basis. #Trendline pivot support and resistance has also been added.
3/9
Monthly: The monthly pivots on a closing basis. #Trendline pivot support and resistance has also been added.
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