Nov. 13 at 1:13 AM
$LHX: The last close at
$301.55 indicates a strong position within the recent trading range, with a 60D high of
$308.12 and a low of
$268.6. The RSI at 62.05 suggests that the stock is approaching overbought territory, indicating potential for a pullback. However, the stock is above both the 30-day MA of
$293.22 and the 50-day MA of
$288.99, which supports a bullish bias in the short term.
Suggested entry:
$302.00, to capitalize on momentum. Stop loss:
$295.00, to limit downside risk.
Targets: First target at
$308.00 (near 60D high) and a second target at
$315.00, anticipating further bullish continuation if momentum persists.
Monitor RSI for signs of reversal and adjust stop as necessary to protect gains.
https://privateprofiteers.com
