RTX Trading in a range before a move higher.RTX has broken its red trend line support after earnings. I continue to think RTX is undervalued. We have a level of support at $57.35. Watch for a retest of $63.30.Longby astunts5
$RTX Raytheon Earnings Beat - Buy the Dip$RTX Raytheon Earnings Beat - Buy the Dip Raytheon announced Q1'20 earnings this morning - beating both top and bottom line estimates for the quarter. Forward guidance was below expectations, which caused the stock to initially dip -2% in early trading. But smart long term investors quickly bought the dip and the stock ended the day about even. With this move today, we now have a possible bullish hammer on the daily chart that looks to be holding the lower channel support line. I anticipate a bounce in the near term from this level. Expect it to move quickly once it clears some resistance around $64. Medium term target: $82.00 by Sept (assumes lower channel support line is not broken) Note: Not investment advice.Longby Triple_Barrel_Capital225
RTX Long into EarningsPlaying for a sector rotation from big tech into value. The Aerospace sector has been beaten down and I think there is some short-term opportunity here as drug makers enter phase 3 trials at lightning speed. Not to mention defense spending could continue higher.Longby astunts1
$RTX Raytheon Tech Trade Setup Possible long into earnings with the 200ma as a possible target. Stop loss below the 100ma Longby RedHotStocks9
RTX Bollinger Band SqueezeRTX has recently bounce off it uptrending support and has been more or less consolidating. Through the consolidation the bollinger bands have been contracting tighter, this is showing there to be a soon breakout. This breakout may come before earnings up to the 68 range.Longby BBTrader292
RTX With a price target of $77, RTX has a hurdle to cross during the earnings season. Indicators are telling a buy with decent symmetry. Earnings season is near, and will the company C4ISR contracts pull it over the hurdle....by CrookedTREE_FINTECH2
RTX - Broke Supporting Trendbroke support trend, Fib levels has potential to $53 or lower. RSI still neutral, MACD cross recently tooShortby Chada4563
RTXCouple bearish patterns here triggered on the $62.00-$62.50 break. Head & shoulders on daily. 3 bar play on weekly. Pink line is target.Shortby Essendy2
A triple Bull clawThe decline slopes are decreasing in downward slope angle. Sentiment in selling off fast is decreasing. Two directions fill up the gap at 50-55 or trend back up in the channel. I predict that it will trend inside the channel due to all the contracts being awarded and that we will get out of this pandemic in a better position. Plus people invest forward looking. Longby InvestorSpeed118
$RTX - bounce after H/S$RTX Target short was 58. Bounced at $59 Gap filled back to $62.89 Bottom support now is $60.02 for a potential long ideaLongby IMF_Trading3
RTX entry Elliot wave jump possible Looking like it could be a decent look for RTX before earnings. Many deals...big deals in the C4ISR realm for Pentagon. Longby CrookedTREE_FINTECH8
RTX - This big guy seems falling hardNow, decided to write cash and considering it again around end of Julyby herouxma70004
short after confirmation of H&SThe price is forming a very well know reversal pattern, Head and Shoulders (H&S), and after the confirmation of braking the neckline of 61 usd, the price may go down to 50-52 usd, fill in the gap at 52 usd from the first week of April. Stay safe!Shortby Trader4Life775
ShortRaytheon just broke through a Head and Shoulder formation. When the stock price reaches 63.65USD again the price might drop even further. And you would have a good Chance/Risk ratio.Shortby Nofzke8
RTX Quick Short62.36 is the support from 5/26. If it drops past there isn't much support until 60. We've opened a short to play this gap. The sell volume has also been decent these past few weeks which makes confident the decline is sustainable. Shortby TroutHouse2
RTX Bullish Cypher, Dave Portnoy is early! I seen the executive president of DDTG global global global grab some RTX so I checked the chart. Thought I spotted a bullish cypher, and measurements line up. I think Davey is a little early on the long. My play will be a scalp short of the break of (B) for a position reverse at the multi level confluence (D) point (entry long). Typically the take profit long would be C to D retrace of .382 and .618, but I will leave half on for trend continuation higher.Longby NotIButChrist229
$RTX -- H/S$RTX I want to be bullish because of all the military chatter happening with china and the middle east. Watching the potential H/S pattern on this tho. by IMF_Trading229
RTX out of some rocky territory RTX and LMT may help a 50% fib trade in a few daysLongby CrookedTREE_FINTECH221
RTX Long above boxLong entry above box. Trade dead if price falls below box.Longby WadeYendallUpdated 6