ITA - Defense ET
Updated
- Broke out of falling wedge around 109 and is moving well in the supply zone.
- With two wars, geopolitical risks are high and this could play out as a good hedge.
- First target would be around 117. New pivot there might set this up for higher price.
* I am long from 109.50
Trade active
Working nicely off of Weekly 200 bounce and holding well near ATH. Likely to shoot higher above 180.Note
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