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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
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
Chart 1
Monthly: The monthly pivots on a closing basis. #Trendline pivot support and resistance has also been added.

3/9
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