UTX potential inverse head & shoulders: target ~+48%
NYSE:UTX is showing a potential inverse head & shoulders here. target level is around $163 if this ends up being a valid pattern.
fundamentally this is a defense and aerospace related stock; with a 2nd Korean war looking more and more likely every day, this could be the news-related catalyst for the price movement.
fundamentally this is a defense and aerospace related stock; with a 2nd Korean war looking more and more likely every day, this could be the news-related catalyst for the price movement.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.