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-W1
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 lauralea1
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 rom0180
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 enakocapital1
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 lydiascherr7775
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. Longby Steversteves55139
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 apaqu111
2/13/22 RTXRaytheon Technologies Corporation ( NYSE:RTX ) Sector: Electronic Technology (Aerospace & Defense) Market Capitalization: 142.598B Current Price: $95.27 Breakout price: $94.60 (hold above) Buy Zone (Top/Bottom Range): $94.50-$89.40 Price Target: $99.80-$100.60 (1st), $126.00-$127.40 (2nd) Estimated Duration to Target: 48-52d (1st), 540-560d (2nd) Contract of Interest: $RTX 3/18/22 100c, $RTX 1/20/23 100c Trade price as of publish date: $1.26/contract, $7.15/contractLongby lord_catnip0
RTX LongMonthly Fib Retrace projection+ Cup and handle on Weekly chart breakout sitting near $100 level/ATHLongby RuslanGadilov2
$RTX Ready to Fly After Earnings$RTX never recovered its high from Feb 21. It's been climbing its way back through a series of ascending channels. Most recently it has been consolidating since June 21 which should make a good base for ATH. It has been building an ascending wedge which has held steady since earnings. As long as it stays in the channel it should grind higher. Breaking out of the channel to the downside sets up a test at $80.by Coureur_de_bois0
Pulse of an Asset via Fibonacci: RTX at Major Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. Part of my ongoing series to collect examples of my Methodology : (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place <= Current Example Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related. by EuroMotifUpdated 2215
Raytheon Technologies - long ideaOn of my favourite stocks. Clear buy setup - a flat pattern on daily, target - x2 move based on the size of the pattern. Price reacts to the trend line also. IMO - a nice buy opportunityLongby UnknownUnicorn3382580112
$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. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.Shortby EPSMomentum0
RTX - possible breakout trade Looking at a possible breakout trade with analyst avg rating pointing at $106 Need the following conditions: - Break above present high - good volume - good overall market conditions going into next week Set loss would be set at the moving averages where break below averages signals sell. Profit at decline on bullish momentum. Will not buy major gap ups. by tsx_trader0
$RTX breakout #RaytheonGood momentum and breakout from Raytheon. First PT $95 with possible retest of box breakout. SL $89 zone. Blue skies you gotta buy Longby FriscoTrades2
Cup&HandleCup&handle Pattern. I would sit on my hands until this breaks out of handle on clear conformation with with all standard sma's pointing up.by PumpJak111
Defense Names Perking Up: Raytheon Technologies (RTX)Raytheon Technologies Corporation is an American multinational aerospace and defense conglomerate headquartered in Waltham, Massachusetts. It is one of the largest aerospace, intelligence services providers, and defense manufacturers in the world by revenue and market capitalization. Buy: $89.41 Stop: $85.30 Target: Open Also appearing on the scan this afternoon is Northrop Grumman. Longby LD_Perspectives4
Will the Airlines finally take off??GREETINGS! I've made several posts on Rolls Royce and Raytheon the past few months. Ultimately, we remain bullish for another leg up, but the back-and-forth price action has been exhausting. Why are we bullish? Well, my strategies involve a simplistic basis of eliot wave theory which shows airlines and major indices have another leg, but I also consider other non-voodoo indicators. For example, Look at the put/call ratio or general market sentiment... EVERYONE IS BEARISH . The contrarian should be salivating. I'm here to provide an update on the RTX play. The primary count is still active, although price targets have changed slightly from the previous post (see related ideas below to see the DD). Here I think we are compressing into a triangle wave 4 of C, resulting in a delayed takeoff. I have the 1.272 extension at $95, but we could go to the 1.618 near $105 which would also result in a sharp peak out of the channel, which we often look for for blow-off tops. Triangles can be annoying to trade, depending on your time commitment available for your capital to be tied-up. This is because intermediate waves often consist of fakeouts! In this case, I think it's time to accumulate! I will be purchasing RYCEY and RTX (at these prices) as my primary exposure to the airline sector. Good luck!Longby warrenbudget222
RTX EMA Pullback RejectionRTX has been rejected by the 13 EMA now twice over the past week. This looks like its heading lower to new support at the 83 level. It is also rounding down nicelyShortby BBTrader291