Heico Corp - Fibonacci retracement analysisHEI has been on a steady uptrend since late May 2019.
On September 9th, It dropped 20%+ aggressively in 3 days. To land on the 61.8% fibonacci retracement line. (Pullback?)
It is currently breaking the 50% level with above average volume. (Bull!)
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* Be careful with the FOMC meeting in 24 hours. (Wednesday September 18th at 2pm EDT). It will most likely move the markets.
Defense
BAE Systems (BAESYS) - macro (10 year) uptrendBearish divergence on the RSI and MACD preceded the recent fall in price.
Double bottom may or may not be significant here, as the last impulse down is likely related to stock market crash fears.
In Dec 18 and May 19 we saw the highest selling volume since Jan 11.
RADA on Radar within #Defense & AeroRADA looks to be forming cup and handle pattern on daily chart. Looks to have already completed 1st and second wave in uptrend (2 of 5), which also filled a previous gap.
This stock seems to be flying under the radar ; )
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Disclosure: I do not own RADA. I may buy/ sell within the next 72 hours. This is NOT a note to buy or sell. Please do your homework before investing.
$XAR - Clear for TakeoffOne area investors and traders should take a look at is the Aerospace and Defense industry ($XAR as proxy), which is currently the best performing industry year-to-date (as of July 5th), generating 28.59%.
On a technical basis, $XAR is trading above all three EMAs, indicating strong price action at the moment. Further, its RSI as been steadily trending higher since the end of June, indicating strong market sentiment in this industry. Further, on a global macro basis, the industry has been helped by a rise in geopolitical tensions around the globe, with the most recent being tensions in the Middle East between Iran and Western powers.
If this trend continues, $XAR could hit $107.81 in a few weeks.
Kratos | Bullish correctionKTOS has had a huge run lately and sometimes its good to ring the register. To watch for future defense contracts for Kratos, check out this site.
Technicals:
Pattern suggests KTOS has ran its 5-wave sequence.
Rising wedge suggests a pullback incoming
upside potential $26. watch for sharp selloff if this is the case.
on a pullback, support levels I will be watching are $22->$20->then $18 (look at chart for measured levels to the cent)
Fibonacci extension usually extends between 1.27 -- 1.414 from lows. We are there NOW.
Like and Follow so I can continue giving trading tips. Thank you in advance!
Tip # 4: Wait for patterns to come to you. Be patient, you cant move market on your own.
-Volatility Watch
Disclosure : I do not own a position in KTOS. This is not a recommendation to buy or sell. Please do your homework before investing
SLV - Silver double bottom and the falling wedgeIs anybody into precious metals? I am. I have been for years. I just put on some SLV today. The double bottom on the weekly and the falling wedge looks like it's time to go long. Normally I may not even bother because it has been such a slow mover for quite some time but as the stock markets continue to deteriorate and crypto continues to climb I think it is time to take shelter. I have zero in the stock market and have only taken defensive positions with SPXS, SLV, Bitcoin, Cash, etc. When the fecal matter hits the rotary device next month and beyond I don't want to be standing in front of that fan.
Good luck everybody!
BTC/USD - DEFENSEBTC/USD chart on coinbase doesn't look good. I would expecting a double bottom to form around 3.4k level or continuation to 1.7k. Defense is the best offense.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates potential support/resistance .
Red line indicates t/p.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
This chart is made using fib channels.
BTC/USD - WE ARE GOING TO THE MO---- wait a second...Played around with the fib channels on the largest time frame I could find on TV and guess what, it does not look good from here. This chart is telling me to short until
1.5k. The tether news is causing a lot of speculation. This is exactly the time not to try to make assumptions of what might be going on, in terms of the news, and instead check your chart to make sure you understand the overall trend. By this I mean get the biggest time frame you can find and chart it. I hope this chart doesn't play out, but its better to be defensive when trading in my opinion. I heard a great quote today: "once you stop losing money you'll start making money". Good luck everyone.
Target 1: $1500
The red line indicates my target.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
ONT/BTC - updated chartIf this fib line does not hold I would expect further downside, doesn't look great for ONT here.
Blue triangle indicates the current range.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
ETH/USD - very bearishTarget 1: 110
Target 2: 80
Blue triangle indicates the current range.
Red box is sell.
Red lines indicates t/p.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
BAE (BA.) short One name that I think looks really attractive or scary depending on the way you look at it is BA., this defence giant since posting a new high in July 2018 has embarked on a decent steep enough to give the most ardent roller coaster enthusiast week knees. After the massive move down the stock finally found some support at 450 before a brief bounce and is now making its way back to that level but is taking a breather around 460 which is where we find ourselves today. I really like this set up, after a gap down the price has been moving sideways before we decide where were going next this is shown by the 10 day average volume being 19% below the 3 month average suggesting to me that people are waiting to see how this area plays out. My plan is to play for a break of the 461 level with my stop entry being set at 458.9 just past the low of the previous attempt at the level. the next major support should be found at 450 where I will trim a 3rd of my position. Past that 440 will be the next trim which will leave 1 third of my original position left to run freely using a weekly high trailing stop after the move down. I hope you enjoyed this post, if you share my views be sure to get in touch or if you have an other UK stocks you think are worth looking into ill be more than happy to chat to you about them. Happy trading.
Joe
LSE:BA.
Mocom Technology Holdings - Galium fishingWhat's not to love. Buying into telecom/cellular, defense tech, big data processing with equal sectors. Self-driving cars will need,
but market still extremely small. 5 yrs. from now, not so much. Buy and hold.
Won patent suit in 2017 to protect GaN chips, which run 80-100x faster than silicone chips and they can make them for same cost.
STM needed to partner with them to prevent more patent litigation, so STM is now their distributor and making MTSI chips as well.
Fast chips will allow 5G cybersecurity improvements for all 3 arena's as newer chip technology.
Technical view: Below 786 fibretracement from recent drop after some BIG DOG $$$ got scared from US-CH trade wars. This is
almost as good as NVDA and AMD before their recent runs. Would love to see a double bottom here....
You're welcome on this one. Been looking for GaAs, GaN chip manuf. with patents and new partnership gives this. No seriously,
you're welcome. longbuylongsell @MarxBabu add Woody's CCI here on 4h chart with Fib Retracement (scroll back).
Drones and Virtual Reality - A Spec PlayShares of ARTX look interesting as a speculative play for longer-term investors. The company is in the fields of drones and virtual reality, with recent contract wins with the US military.
At 3 dollars and change, it's a cheap way to play on the long-term growth in those areas, which are bound to see strong growth for some time.
Immediate support lies at $3.35, with additional support below at $3.10 and then $2.70. Upside targets are $3.75 and then the highs at $4.35, or +10% and +28%, respectively from today's close.
I jumped in via calls, specifically the February 2019 $2.50's (currently I.T.M.), paying $1.15 for them. Breakeven comes at $3.65, or 7.4% higher from here... and being so far out, there's plenty of time for this to work.
It may grow in to an investment after I can dig in deeper to fundamentals. I'll update this as more info is known to me. For now, consider it for a spec play or at least keep it on the radar!
Happy trading!
LMT - crushed by massive Defense sell-offThe last time I published an idea on Lockheed, I had a price target of $360. That target was hit very briefly before a massive Defense sell-off. BA, LMT, NOC, RTN all announced earnings recently and were all hit hard.
LMT is approaching oversold territory (some may argue that it is already in) according to RSI - something we've not seen since the end of 2016. This is a good short-term long opportunity. My target will be $320.
Lockheed - long the post-dividends dipLMT really took off (pun intended) in the days leading up to and following their last earnings report, only to return to the landing strip again before taking another shot at $360. It is now back to home base and looks to be refueling before trying $360 again.
On Friday, LMT scored a sizeable contract with the USAF for training support, and with no shortage of F35 orders, Lockheed looks to be a solid long term play, as well. Especially since they pay dividends.
RTN Tracing a "V"? - Price at Support, Combat Springs Eternal.Nations and states won't stop fighting and will always need security, so defense stocks are always an intriguing sector.
But let's focus on the short-term.
Raytheon has been hit hard with some bad news. Despite reporting good earnings on April 26, easing Korean tensions and anticipated delays on big deals for Raytheon's technology are among some of the purported reasons RTN has tumbled.
Thanks in advance for lending me your attention!
Is RTN 's stock primed to rise in price as quickly as it's fallen this last week?
We can see from the chart Raytheon is wobbling in an area of strong support with very high relative volume. RTN sold off on news, but the fundamentals and technicals are both attractive. Many traders are saying it's time to buy the dip.
Could Raytheon trace out a "V" pattern here and provide for some quick and tidy profits for buyers of the stock and\or call options?
Please like, follow, and share, and maybe we can have fun and do great things together.
Thanks again!
See it on the site: holsturr.com/category/markets/charts/
** For speculative and research purposes only - good luck! **
Where will Calian go?It would only be safe to assume that CGY it is going to test ~32.40 again at the 0.5 Fibonacci retrace for confirmation. There is some seriously heavy resistance, indicated by the dashed red line at this mark though. If it can hold above for a few bars, I do believe that there is some buyer conviction coming through. but we will see where we end up after today's conference in Ottawa on security and defense.
ITA Possible Trump x NK TradeWith the mess in NK still creating market tension. This could be a possible trade on ITA that could play out due to the speculation of war.
Follow for more trade ideas including stocks, options, and cryptos!
Feel free to comment if you have any input or a subsequent chart contrasting my analysis.
Thnx.
HAL Daily chart viewHalliburton ($46.51) looks like maybe it is reversing trend for the summer; the russia-saudi deal helped I believe (which may have led to the spike in volume); the stock is bumping up on support and broke through resistance at 46.38... I think it is safe to look for a move above $50-$53 if the stock breaks its next resistance at 47.79; I think I am taking the bet
$RTN Defense is where my money is!$RTN Defense is where my money is! We have all been watching Fox news and by now know that we put 59 Tomahawk missiles in Syria's lap. Those 59 have to be replaced....right?
The next couple of days are entangled with questions. What if.....and if so then what? With all the unknowns I think the market may be a little bearish in most industries. Except for one.DEFENSE!
I would be willing to wager (Ha) that the defense market will see a move that we haven't seen since November, or heck, maybe, longer!
How much does a Tomahawk Missile Cost?