novvoll12
Long

GD $138.75: Tests 5-month falling channel resistance

NYSE:GD   GENERAL DYNAMICS CORP
GD
16 0 0
gd
DD             extended the rebound off 130.91 ( April             13, 2015 weekly low) to test 5-month falling channel resistance (as shown on the weekly chart), reaching 140.19 ( April             29, 2015 high). Further strength above the latter is needed to confirm a bullish flag breakout pattern and bolster for 142.55 (February 16, 2015 weekly high) ahead of the 146.13 peak (November 24, 2014). The immediate support lies at 136.40 ( April             13, 2015 weekly high). Below rests the 130.91 key support.

Outlook:
Short term: buy on pullback
Long term: bullish
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out