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Long

$GD - General Dynamics - Long from support area

NYSE:GD   GENERAL DYNAMICS CORP
GD
32 0 0
gd
GD             is in oversold territory on the RSI (2). Price is also in the supply zone so look for long positions from this point. Price could test the ascending trend line at around $140.

ER is out on the 29th and previous ER's have surprised Wall Street on the last 3 occasions. This is a strong stock with a strong fundamental basis. The technicals are falling into place. Target $150.
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