HII Detected possible contract awarded!HII: huntington ingalls industries
2018-02-16 17:30:04
Detected possible contract awarded
HI4 trade ideas
Bullish HII - successful sea trials of a transport dockBullish flag after good news -> successful sea trials of the company’s 10thSan Antonio-class amphibious transport dock.
Looking great towards 160 targetBB's opening to allow it higher. Daily getting a bit OB, may want short term protection
HII trending upHII has relatively little data but so far the trend has been good. Most of 2014 was spent in consolidation (a cup and handle on the weekly chart) but since then the trend has become well established again.
On the daily chart the pivot high was broken several times with fake breakouts but by early 2015 a solid retest had occurred. Since then there have been several bullish flags.
The volume is probably too low to consider trading this stock just yet (in addition to the lack of historic data) and earnings are due today before the open. But possibly one for the future.
