Apr. 2 at 2:17 PM
$MRCY wins contract from
$LHX to supply solid-state data recorders for SDA Tranche 3 missile defense satellites. Defense pipeline building — but the chart tells a different story.
$MRCY sitting at
$74.75, below both SMA20 (
$79.29) and SMA50 (
$85.60). RSI at 41.98, momentum still weak. Down 16% in a month. Needs to reclaim
$79 before bulls get excited.
$LHX near SMA50 (
$354.34), up 20.55% YTD — the stronger side of this trade. Watching for continuation above
$357.
#DefenseStocks #MRCY #LHX
