RTX BULLISH SETUP The asset has now held the upper major support from its last ATH breakout. with nancy going east for ramen we shall have some potential interest in case china reacts to her visit to Taiwan.Longby Zivul33Updated 2232
Raytheon getting nuked. RTXIndeed. A Wave, B Wave as a condensing or constricting triangle, pivot and now just awaiting confirmation. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.Shortby Rykin_CapitalUpdated 112
rtx 2 scenariosrtx 2 scenarios .. 1] buy after the break above the resistance 1 and 200ma .. 2]sell after the break under the support 1 and 50ma ..by kostaskondilisPublished 0
$RTX with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $RTX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%. Longby EPSMomentumPublished 0
Raytheon on the breakout ?A repeated patter on the weekly RTX chart appears to be forming, and technical indicators are set up similarly. The daily chart is also in alignment as previously. Technical Indicators have just crossed over and suggest a breakout is in order. About 15% upside potential with upside target at 113.80, about mid-September 2022. Fundamental and geopolitical alignment should start appearing soon... Watch this one!Longby AuguraltraderPublished 0
RTX - Channel Breakout Long term chart for RTX showing two distinct channels A large ascending triangle structure can be seen in the first to lead to the first channel breakout The second is a inverted H&S structure which will lead to the break out of the second channel breakout which extends back to year 2000 by BixleyPublished 0
Where the money at? $RTXI dont endorse war but in a see of red these stocks seem very atractive. 140+ for raytheon by EoY is very humble and realistic. :) Longby TheBitcoinGenerationUpdated 116
RTX on a supportGot some RTX. Sitting at the 200 MA and RSI is low, stock is oversold. Stop loss a bit below the MA. Cold be a nice swing. Longby LiathetraderPublished 2
$RTX with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $RTX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 33.33%. Shortby EPSMomentumPublished 1
RTX to continue bull runRaytheon broke out of a Ascending triangle last week. XLI is a sector that looks like its ready to move up. Longby brentmisenkoPublished 1
RTX: Underlying StrengthRTX with underlying strength prevalent in its technicals & fundamentals. Leading the industrial sector via geopolitical factors and a favorable balance sheet, RTX continues upwards on a channel trend and on several premises: 1) Buyer responsive price action that has been developing since Q4 of 2021 2) Participants driving auction over KSMAs, 3) Support held at key level of a bullish double bottom formation, PT upgrade to $115 from $105 x maintain of outperform rating via Cowen. Target Price: $110.17 - $125.00 // ATR: 2.29, Beta 1.33Longby GroundNinjaPublished 334
Ascending triangleBreak upside of the triangle, buy calls. If broke on the downside buy puts. Beautiful set up RSI on positive trend, leading into positive territory.Longby Impatient_TraderPublished 110
$RTX an example of Relative Strength$RTX was buyable today. I looked at it pretty much on and off all day but with market looking like crap, and not much else setting up, I would rather let this one go than be in a hurry to increase exposure. That said, this is what relative strength look like.Longby TaPlotPublished 115
500 Stinger and 500 Javelins a day to UkraineThis will drive the RTX stock up along with the EU nations wanting to buy the Patriot defense system. Buy Buy Buy as Cramers says Longby Bruce-WPublished 1
Raytheon zigzagging. RTXGoals 94, 92. Invalidation at 104 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safeShortby Rykin_CapitalUpdated 111
US Arms Manufacturers Profit from USA's Policy of Forever WarSince beginning the United States' War of Terror with the illegal invasion of Iraq in 2001, US weapons contractors and their shareholders (incl. many US politicians and advisors) have reaped untold billions in profits: Beating the Market $10k invested in Lockheed Martin in 2001 would be worth over $200k today. Likewise the same amount invested in Northrop Gruman would be worth over $150k. This is far in excess of the Dow Jones index, which only increased a little over 200% in the same period, meaning a $10k investment in a DJI fund in 2001 would be worth less than $25k today. Profits continue to soar today thanks to current conflicts and massive arms sales, totaling 100s of billions of dollars over the next 10 years, that are currently lined up to UAE and Saudi Arabia among others. by UnknownUnicorn8474614Updated 4
Cup and Handle Channel upPopular sector as of late but this sector is pulling back today. Cup and handle targets are calculated using the depth of the cup and fib levels and added to the long entry level. I use the .386, .618 and .786 for targets one. The handle is an area of consolidation and ideally it should be located above mid cup. RTX is in a channel up and unless the bottom green trendline fails to catch price, it is support. A channel occurs when price is trending up or down and price fits inside 2 parallel trendlines. If price breaks the upper trendline in an uptrend, it will either pull back to the interior of the trendlines or make a break to the upside. RTX pulled back to the interior of the bands. If price breaks the bottom trendline in an uptrend then it is time to move on a stop if often placed below the bottom trendline. Price should have at least 2 touches to each trendline. Earnings 4-25 and earnings history is nothing to be excited about so I will sell this before earnings . No recommendation. Raytheon Technologies Corporation , an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. It operates through four segments: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for aircraft manufacturers and airlines, as well as regional, business, and general aviation; and for defense and commercial space operations. This segment also designs, produces, and supports cabin interior, communications and aviation systems, oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; airborne intelligence, surveillance and reconnaissance systems, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and information management services. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units. The Raytheon Intelligence & Space segment develops and provides integrated space, communication, and sensor systems for missions, training, and cyber and software solutions to intelligence, defense, federal, and commercial customers. The Raytheon Missiles & Defense segment designs, develops, produces, and sustains integrated air and missile defense systems; defensive and combat solutions; land- and sea-based radars; command, control, communications, and intelligence solutions; and naval and undersea sensor solutions for the U.S. and foreign government customers. The company is headquartered in Waltham, Massachusetts. EPS ( FWD ) 4.81 PE ( FWD ) 20.30 Div Rate ( FWD ) $2.04 Yield ( FWD ) 2.09% Short Interest 1.04% Market Cap $143.92B Volume 4,066,232 Disclaimerby lauraleaPublished 1
Going Long on RTXThe chart is on a clear uptrend RTX is an aerospace and defense stock. We all know the current event in Ukraine and Russian war. As a result, it pushed the price higher with relative strength. RSI is above 50. Remember before entering 1. what is the Pattern or the set up: Pullback to 20 ema 2. Volume accumulation 3. Moving averages 20>50>100 4. Is stochastic oversold or overbought? 5. Is it worth the squeeze? 6. Does it align with multiple TF? 7. Position size 8. Entry 9. Exit 10. SL 11. VAR is 1-2% 12. Strategy long Long01:40by rom018Published 0
Raytheon Oversold, Divergent. RTXImmediate targets 87, 82, 79. Invalidation 100. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safeShortby Rykin_CapitalUpdated 0
Perhaps a retest, and then off to the racesDefinitely don't short here. Fundamentals for the military industrial complex are (unfortunately) stellar at the moment. This is just getting started.Longby enakocapitalPublished 1
Ex2, Buy the Rumor Sell the NewsLet’s look at the recent news with Ukraine. Anyone who bought the US rumor about Russian aggression profited in weapons manufacturing stocks from December to present day. This is example is not meant to lean in any direction of morality as much as it is meant to show how news hints at the direction of the markets. - The US has been working of possible Russian invasion since December 2021 - Biden publicly proclaimed this warning on Jan 27 - Invasion started last week. Raytheon Technologies is up 20% from December 2021. Seeing new all time highs - On Dec 20 $RTX has double bottom and golden cross on Jan 6 - Currently the price is consolidating at upper resistance, - Upward movement likely to continue if NATO anxiety over Russian aggression will most likely continue to bolster the price of weapons stocks for now and into the near future. Longby lydiascherr777Published 5
RTX: Another Diamond in the Rough I like this stock. This is one of the stocks I have not sold out from. I believe in this company, it has solid fundamentals, and in times of war and conflict, it becomes an even more relevant company to invest in. It has been avoiding this bear market quite nicely, but I see the market rally we had also had an effect on RTX. While the RSI on the daily still shows some room for upward momentum, when I analyze the data in SPSS, I can see currently RTX is trading approximately 3 standard deviations from its mean. The problem is, it went from trading 1 standard deviation away from its mean to 3 in a single day. This is too aggressive. As a general principle in statistics, phenomenon generally rest within 1 standard deviation of their mean. Stocks are the same. They like this area to trade in and are drawn back to their mean the longer and father from their mean they rest. We could see a continuation in this 3 SD range for a couple of days, but I am anticipating a regression to the mean approaching. Keep in mind, regression to the mean, as it pertains to stocks, don't generally happen aggressively. IT will be a gradual process. We can likely anticipate RTX to regress back to 2 SD, then 1 SD. If you want to take a short position, price targets would likely be: 1. 95 2. 94 3. 92 (if we assume it will completely regress to the mean). I have posted SPSS' percentile chart on the candlestick chart. Understand that this is just a bell curve I am referring to. My personal plan: At this time, I don't plan on shorting this. This is just a general interest post. I will be looking to increase my long position size once I see a return within 1 SD of its mean (As an investment, not a day trade). Analyst price targets of this stock is generally over 100$. I tend to agree. RTX has amazing fundamentals. Good cash flow. Little debt. Multiple government contracts and is a major MAJOR supply, in fact a PIVOTAL supplier of military equipment for radar. They are also involved in radar tracking systems for US and Canadian army. Editors' picksLongby SteverstevesPublished 66139
RTX - Raytheon TechnologiesRecent breakout, pulling back in an orderly fashion to the 20-day line, exhibiting relative strength to the market indexes as they continue to falter. Look for a bounce off of the 20-day line that clears Tuesday's (2/22/2022) high with a stop loss just under Tuesday's low.Longby apaquPublished 111