RTX has earnings on April 23rd. It has been on a good trend higher since the last earnings. The Russian war means US defense contractors will be in a growth mode for the intermediate future. Depleted stores of weapons systems need to be replenished. Pieces and parts are needed for damaged systems in need of maintenance. I see RTX and others such as GD and...
RTX is part of the boom defense sector thriving because of back orders created by the Russian war against Ukraine. No matter good earnings it fell this week because of the defense budget debate in Congress. No matter good intents to rein in the defend spending escalation and spend in other areas such as social and infrastructure, Russia has made the world...
As you can see we prepared update for the currency agenda, we have added gd, jpy, rub, and inr to the fuse, as you can see fibonacci cycles stayed the same in the anbsence. We think or at least clearly see on a chart that rub was the most profitable currency available. In the later arrivals we will try to discover most profitable assets nominated in rubles and...
On the daily LMT, over the long term is shown to have descended into the support of the ascending support trendline in what appears to be an ascending wedge. Confluent with the support trendline is the mean VWAP and the mean band of the Bollinger Bands. I see an opening for a long trade targeting the resistance trendline and also the second standard...
I think that the dip is very buyable. Fundamentally, Russia has made the world more dangerous. Shipments of weapons to Ukraine have depleted US and European stockpiles. NATO is in a growth mode as proposed by former president Trump some years ago. While many would like less defense spending and shift it into social spending or infrastructure or clean...
Very nice looking setup in $GD here, likely correlated to oil stocks here as a big chunk of their revenue proceeds from their marine division (and oil tankers). Overall a nice play considering macro here. Best of luck! Cheers, Ivan Labrie.
Supposedly the earnings whisper number is better than expected, I am convinced industrials stand to benefit with war, like it or not. We have just had a nice gap fill down on a pull back leaving a gap above. Will earnings and sentiment help take us to the upside? We have buyers coming in with significant strength.
BMV:GD GD has bounced down from resistance of sell order blocks. Relative Strengh downturn confirms. This is setup as a swing short with a Reward to Risk of 4. GD will recover from this reversal as this defense contractor is in a boom sector, giving the geopolitical /macro overlay. Also check RTX and LMT.
General Dynamics stock failed to pull back after breaking recent resistance. With building short interest, coupled with an ascending triangle, this is a prime example of an imminent short squeeze.
When I think of Booz Allen Hamilton, I think of rockets. You think of Booze. That's the difference between you and I... Lay off the Booze and get some calls in BOOZ! This rocket is about to take off! The 200MA battle. On the daily here we see consistency. Can it do it all over again? Wait for that cross to happen. Be patient. This is the daily chart so once it...
Signals 17/07/2020 Hi Guys, we were away for a while, but we’re back with some signals EURUSD – the price is trying to hold above 1.14030, if it manages, long with a target at 1.15. If it impulses below, short at a pullback with a target 1.134 XAUUSD – The price is trying to hold above 1795, I recommend a long with a target at 1900 MSFT – I expect a...
All description on the chart. Please, don't forget to like and follow. Thank you.
First off, don't take anything I say seriously or as financial advice. This is on opinion basis (as always). That being said, let get into my analysis. I am hoping for a positive earnings call for General Dynamics tomorrow, which is why I recommend getting this ASAP as it is worth the risk to me. Likely, it will pass the $140 price point if that is true real soon...
It's short time before great bull rally 2020!
As part of trading basic exercises, I could identify a reversion bullish shoulder-head-shoulder pattern in General Dinamycs shares.
Cup and handle possibly. - Good luck. I'm playing for a bounce in General Dynamics NYSE:GD