$NOC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NOC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 71.43%.
NOC trade ideas
Defence stocks ideas: $NOCNOC is one of the best performing large cap investments of the last decade but has gotten expensive with a PE (fwd) of 21.45x.
Despite the optically rich valuation, worries over limited returns in future are not warranted as the business is positioned to continue growing revenues and earnings.
NOC is investing in future growth by doubling down its investments in space and ramping up capex to stay competitive through initiatives such as in-house chip fabrication.
It has used its strong cash generation to grow dividends for 17 straight years and has also made use of buybacks to reduce its share count and boost EPS.
Investors waiting for it to get cheaper might miss the long-term opportunity
Symmetrical TriangleRectangle noted that NOC was in before breaking up to form a symmetrical triangle only to break down from the triangle.
Strong stock but perhaps the big guys have decided to run another sector in to sky scraper land for now.
No recommendation/Short entry with a clean break of support line and a downtrend. The support line is broken today but a clear downtrend is not noted.
NOC | Time to Start Nibbling | LONGNorthrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.
Northrop Grumman (NOC)Transfer of ABRAMS and LEOPARD 2 tanks to Ukraine has become unblocked. Ukraine would have requested, so it seems, over 300 tanks, deemed necessary to replace the losses suffered especially in recent months, to increase firepower and move on the most difficult terrains. Tanks will necessarily need air cover. Tanks are always dangerous, because in fact we pass from a positional/artillery war to an offensive one. The tanks are the real "boots on the groud" and I don't think they will be only for the defense of the Ukrainian territory. It is rapidly moving to a new level of confrontation.
NOC buyyyyyAfter all those months of running, we finally got the retracement. This is where things get interesting! I think NOC sets a bottom here @460.77. Friday there was a pretty considerable call that hit the tape. Strike: $500, Expiration: 5-19-2023 Premium: ~$475k, filled @19.60 avg. For this to go itm, NOC needs to move up roughly 8.5% by May 19th. Considering NOC atr, this isn't a bad trade. I'm positioning myself long
NOC sustain its bullish momentumDespite all the uncertainty this year, NOC’s stock continues forward
on its long-term uptrend. As long price holds above 470, there are
many reasons to be bullish in 2023. Strong momentum and the
bullish patterns reflect optimism in the market.
In short-term price is likely to remain volatile in a range between 480
and 560, however long-term momentum points to the higher levels
between 700 and 770 by the end of 2023.
12/16 Expiration, Iron Condor Trade Idea, $NOC$NOC
Iron Condor Idea
12/16 Expiration
+1 $575 call
-1 $570 call
--{$526.03 current price}--
-1 $410 put
+1 $405 put
Credit +/- $150 (TBD).
Liquidity is NOT GOOD on $NOC. Spreads are wide. But you never know, sometimes you get a favorable order fill when you least expect it.
$NOC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NOC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
Wow!NOC missed earnings and still has made new highs!
Price is well above the top trendline of the Rectangle like structure.
Targets 1 - 3 have been met.
Currently working on T4.
No recommendation.
The market is in a feeding frenzy it seems.
”I’m not confused. I’m just well mixed.” – Robert Frost
NOC RISING WEDGE BEARISH $$$NOC has been moving in a rising wedge since the beginning of the year, and it has now broken that rising wedge, signaling that it has entered bearish waters. A gap had formed at the start of this chart pattern, and it may be on its way to fill it shortly.
Short Condor Idea for 10/21 ExpirationNOC- Short Iron Condor Trade Idea:
Expiration Oct 21st (73 Days (an eternity...)).
Strike Prices to create IC:
Long Call: $545.
Short Call: $540.
------
Short Put: $400.
Long Put: $395.
Filled @ $100 ($1.00) credit (as of 8/9 not long after open).
$500 Collateral.
Risk:Reward Ratio: $400:$100, or 4:1.
Short strikes can accommodate approx. 16% down and 13% up from current price (8/9 mid-day).
Good luck trading!
Northrop Grumman Relative StrengthHow's this for relative strength?
$NOC out of tight base to new highs
Has Broken out of Rectangle/Rising Wedge/RSI DiversionAlso a bearish DIVERSION on RSI.
Price is over the bands but not overbought on RSI.
Price is also in a bearish rising wedge. It is not valid as the bottom trendline has not been broken.
No recommendation/Be safe.
Don't lose your shadow (o:
Northrop Grumman CorporationNorthrop Grumman Corporation is a global aerospace and defense company. The Company operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems.
Over the past 5 months, price has formed an ascending triangle chart pattern with the horizontal boundary acting as strong resistance around the $490.00 level. A daily close above the $497.00 level will confirm the breakout from the 5-month-long ascending triangle with the possible chart pattern price target around the $557.00 level.
Putin orders partial mobilisation of troops on Fed dayPutin orders partial mobilisation of troops on Fed day. Volatility on top of volatility. Defense stock $NOC looks primed to breakout after a long period of consolidation. Broke out from 4 month flag in Aug, and recently consolidating for a month.
RectangleNeutral pattern until a trendline is broken with a confirmed trend in that direction.
Spinning top (candle of indecision) is hanging on the top trendline.
The 20 has crossed up and through the 50 DMA.
No recommendation
NOC - BullflagNOC has formed a bullflag above a break out of a large ascending triangle
This bullflag will likely lead to further continuation upwards
Hypersonic Rocket to the moon: NOCNOC has been consolidating below the 490$ resistance since march.
Technical Indicators are nowhere near overbought, while price action contracted.
Once it expands, there could be a massive pop upwards, since fundamentally there are just too many good things to ignore.
Stock looks like a prototypical William O‘Neill break out candidate.
I‘m long.
No financial advice.
