RTX trade ideas
FOLLOW UP RTX LOOKIN GOOD TO SHORTI had stated on a study previously the chances of RTX shooting high or stretching out grom the looks of it RTX had its time to shoot up but failed a conformation was made tofsy that it will drop to form a “U” again you heard it hear first a little more unorthodox feom other traders and stufied but still gold happy trading i now call this position a “short”
GET READY FOR RTX VOLATILITY TOMORROW 03/31/21
Volatile day tomorrow determines the short near future for RTX you heard it here first.
ANOTHER FREE QUICK MONEY PLAY FROM YOURS TRULYHello, Most of you are new followers let me be brief me as a trader im inpatient and very impulsive that alone makes me make mistakes on my trades but im a real person when it comes to options trading im extremely passionate have been for 7 years you can check to see how long this account has been open, That being said one of my strengths is predicting price action and im deadly accurate, Its almost a spirtual feeling ive learned to understand and consolidate....
Lets talk free money, RTX my grandpas retirement stock originally UTX until bought out made my first 1,000% with this company I love how cheap there option contracts are and how slow and fast price action can move, A slow day turning into a volatile day the day of you owning a “call or put” is extremely profitable its almost a cheat code...
When I see this current chart at its current state, I see 2 things that are inevitable to happen its either one or the other, But its not a week process or even a 4 day process, if RTX is going to shoot up its by the end of this week...
Im waiting on a confirmation tomorrow (03/30/21) if this stock is green a STRONG candle a jump up is EXPECTED, But if otherwise happens and price action stays the same or even dips and closes red expect a drop to happen again all within 6 trading days...
Given 2 days for the price to shoot up if tomorrow is GREEN and closes green i will purchase a call if tomorrow closes RED and closes red i will purchase a put all for next week.
Its either one or the other keep your eyes on this fast money olay because thats what im here for fast money option plays....
I will show you with this prediction how accurate I am how consistent with my predictions I am, I will follow up tommorow again do not purchase any contracts yet until i give the go tomorrow.. HAPPY TRADING!
RTX RetestRTX has just retested is support level of 75. 75 was the previously resistance that was broken out of and rallied to the 80 range. Since then it was come back to retest the 75 which is now support, after retesting that level it has rallied on a good green candle and back above its moving averages. This looks bullish back to the 80-81 range as a retest w/ remount play.
RTX Retest/RemountRTX previoulsy broke out above the 74 range. The breakout couldn't hold and price pulled back to the 74 level. It has retested and now remounted above that level. Looks like its going to go back to the previous breakout high between 78-80
RTX ShortShorting RTX as it has a major false breakout with a huge wick.
Price is 72.64, target is $66. Swing trade.
Looking good. May cut in half at target and let it run.
RTX 6th TEST BreakoutRTX and the aerospace industry looks bullish. The Aerospace sector wasn't hit nearly as hard today as the rest of the market and is showing upward strength. RTX has now tested resistance of the 74 level 6 times. With each test supply is getting less, and demand is growing, i believe this will breakout to the 80 area.
RAYTHEON TECHNOLOGIES CORPORATION Chart DailyHey guys, RAYTHEON TECHNOLOGIES CORPORATION is in a bullish momentum with a sort of hammer candle and a continuation of negotiated buy volume. On the TIMEFRAME M1 we notice the shape of a hammer candle with a large volume of purchase made. It goes on the base of the bollinger to go to the top of the stabilization zone in order to check it. Great potential to breakout the price with the momentum both for the zone to arrive in the second and to land on the next high.
Before the high of the bollinger will be tested then a next high to be accessed before the breakout of a stabilization zone. And an adjustment (on TIMEFRAME H4) ending in resistance (on TIMEFRAME H1) on this point for an excess in this one. With the required buying force, half of the intermediate median will be tested
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About to take flight?I have been waiting for some of the most unloved parts of the market to pick up and that includes RTX and Aerospace. A decent reversal might be setting up if todays price action is any indication of what could come in the future. Stock is still well below highs in June and I think the outlook is better now then it was then. If we can hold this support zone and break above the trendlines the stock could be heading higher toward 76. Below 64 means the play is invalid.
Not investment advice
$RTX with a slight bullish outlook following earnings releaseThe PEAD projected a slight bullish outlook for RTX after a positive over reaction following its earnings release placing the stock in drift B
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RTX Long Raytheon Tech Corp Com ( RTX ) looks to break out of a bull flag after a ABC correction. On the daily timeframe , we have a pin bar on the 50 EMA signifying a support zone . February option contracts have good Open Interest (OI) and volume . Daily squeeze with momentum curling on the daily and hourly timeframe. Look for a break of top trendline
RTX LongEMA50 cross EMA200 as Golden cross in uptrend
EMA50 as support
Resistance/support Line as support
Entry 70
stop 66
Target 80
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
$RTX - Bull Flag into earnings. $90 is very close tbh...Long RTX and other industrials into earnings season.
