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$GD - General Dynamics - Long from support area

Long
NYSE:GD   General Dynamics Corporation
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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