RTN
RTN:Lucrative risk reward!They recently agreed to acquire a Mexican style restaurant for £7 mil. With inflation expected to go slightly higher than current levels, consumer spending will definitely go down. Despite this I expect bulls to come in and support the share and catapult it higher from these levels its currently trading at. We are currently close to the all time lows and price action created a bullish formation on the weekly last week.
I look to buy last week's close with ultimate target being the £80.00 zone. Will however take some off the table around the £60.00 zone. Total R is 4.35.
BAH - rocketWhen 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 happens your probability of success is high for the coming weeks. Cheers and good luck on this one!
If you like my charts press that like button/follow, and ask me any questions you may have! Thank you!
Raytheon Just Lost a US Army Contract to LockheedHere is the link to where Raytheon lost a competition against Lockheed. www.defensenews.com
Raytheon Missile Systems has signed a $1 billion deal with Aerojet Rocketdyne for Raytheon’s Standard Missiles (SM) for the next five years, Raytheon announced on March 26th. The reason why they came in with this agreement is because it will help to stabilize and lower the cost on the supply chain. This is not a good reason. To me, it feels like it is trying to put a bandage over a wound that Raytheon just lost a contract to Lockheed. Here is the link to the news that Raytheon signed a 5 years contract with Aerojet. breakingdefense.com
I am looking to enter a short position on Rayetheon stock at $168 and the risk and reward ratio will be 1 to 2. stop lost at $118 and profit target at $191.
RTN - DAILY CHARTHi, today we are going to talk about Raytheon and its current landscape.
The company is a major U.S defense contractor, and industrial corporation, and its military products demand a high quantity of rare earth, and its cost has a key significance on its margins, which might get a lift due to the most recent news coming from the key producer of rare-earths.
China that controls about 90% of the market, and 70% of the global production of rare-earths, said this month that it's raising its annual mining quota to 132,000 tons, representing a 10% rise in comparison with last year. This decision's poised to have a significant impact on the markets due to the relevance of rare-earth is one of the most relevant elements to the modern industry, essential to the production of a wide variety of products. To have an idea, let's have a quick look at their uses on the industry:
Neodymium - Used to make powerful magnets that can be use on the many products from computer hard drives to motors for electric cars
Lanthanum - Used to make audiovisual components like camera lenses and other elements that work with light on the industry like cinema projection and illumination.
Gadolinium - Used on the fabrication of Television screens in the medical industry by been utilized in MRI and X-ray scanning systems.
Cerium - Used in the manufacture for cigarette lighters, as the Lanthanum it's used on the cinema industry, this element its also used by the crude refinery in its refining process.
Praseodymium - Essential to producing aircraft engines and along with magnesium, can create high-strength metals named Mischmetal.
Yttrium - Used in white LED lights, lasers that can cut through metals, also it's used in making of microwave filters for radars, and it's used to a catalyst in ethene polymerization.
Terbium - Used in mercury lamps and to improve the safety of medical x-rays and used in laser devices.
Europium - Used in printing euro banknotes, low-energy light bulbs to give natural light, also it's excellent at absorbing a neutron, valuable to control rods for nuclear reactors.
With this scenario in mind, we can weight that companies and other types of assets, that have a high level of dependence on this material could have relief on their profit margins during this year that China keeps this level of production. This relief might mitigate eventual headwinds that these assets may face and boost possible bullish sentiments.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
Lets make a bomb with RTNPlanning to long this company. It is a company that is in the military/defence business. A company such as this does not go with normal companies and the eventual bear market should not effect this. I think it is having a techinal pullback. Look at the earnings, all positive, look at it on a weekly/monthly timeframe, big uptrend. I think 1 more leg up then a pullback either a higher wave or C wave.
Looking to make a double bottom here then move up. Adam-Eve double bottom.This is a classic reversal pattern you see it everywhere.
thepatternsite.com
Buy at around $170 with a stop of $160 or so and wait a few months and take profits. You can play this with margin here. bit.ly
Other things there I think are worth play are OR, DOV, ECL and AAP all shorts. I looked at alot and see RTN as a long, most of the rest are short plays coming to the end of a cycle.
Weekly
Monthly with realistic targets
AJRD - Defense Budget SpendingAug 13 approval of D-plan spending. This one to join top 5 D-stocks.
Call it a vice stock. Come to own conclusions.
$RTN Raytheon Downtrend Breakout Coming$RTN Raytheon - Expecting positive earnings reports out of defense/aerospace sector next week. Raytheon broke through $200 resistance earlier this week and successfully retested today. I'm anticipating a strong break out of the recent downtrend post earnings. Targeting $214 in the near term.
Note: Observation/opinion, not investment advice.
RTN Didn't get triggered on this last time, but has just broken out of this nice little channel.
Lets buy the dip on this one :)
I will be setting this trade up with Call Options Expiring August 3rd.
$RTN Creeping up$RTN consolidation looks ready for a breakout once it breaks over $214 with authority. It could easily go to the highs from April 2018.
Raytheon - Buy The Dip - Sell the TrendRaytheon had a nice earnings beat and the price took a tumble. Hopefully we will see a return to the previous growth trend (shown with Linear Regression @ 250 four-hours).
I've seen two articles on Seeking Alpha screaming the same thing I am:
BUY THE DIP!
The 'rate of change' graph shows RTN rate of change vs. SPY rate of change. It's just a script I'm working on right now.
SeekingAlpha articles:
seekingalpha.com
seekingalpha.com
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! **
Bearish Butterfly setting up on Raytheon (RTN)Hi traders,
Let's have a look at some stocks. As boys, when growing up, it is a norm for us to play make believe war games. So this stock came into mind. Guess what :
Harmonic Patterns just appears before me like magic.
- A bullish Bat (in orange) that completed in Nov 2016
- Now a Bearish Butterfly (in green) completing soon
Raytheon is a major US defense contractor. They make weapons for the military. I am always an advocate for peace, not war :)
But now, I am focused on trading the market. I have spotted a Bearish Butterfly pattern on this stock, completing at around $156.50. I will look for price reaction at these levels.
Stops can be above $159.20 with targets at $145.10. Giving us a Risk:Reward of 1:4 trade
Do take note that price has been on a tear since the end of Jan 2017. So be cautious when shorting this stock. I want to see a reaction at the completion of the pattern before taking a trade.
Time 2 short RaytheonRaytheon stocks after 2009 went sky high. Time has come to short them soon!!!!!
Raytheon - $RTN - Possible longRaytheon is in oversold territory with a nice pin bar on the daily chart.
High volume on the rejection from 120 (strong psychological number and previous resistance)
After hours dipped to 118.5 but has since move back up to 120.48 in pre-market.
Entry order above yesterdays high. Target 128.