NOC has not stayed stagnant like this ever. With biden going to war and them being awarded contracts from NASA I expect this stock back at $350. This is one of the few good names trading under pre-covid evals. Will be buying calls if it dips to $295. Will sell half at $305. If it breaks $305 and rips I will hold until close to closing. Looking to go one month out from inception of my calls. Will be looking at calls $350 a little over one month out. Not investment advice. Just my two cents. GL
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Meant to post this as a daily chart not hourly. I will not be focusing on the hourly.
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NOC trying to break free. Over $309 on the hourly and I believe it will move up and break free of this range.never came to my buy at $295 so I have not purchased a call. possible retest of $305 before liftoff. I will be waiting for the $305 test to enter.
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Will be scanning to buy calls as long it stays about $305. saw relative weakness in the market SPY in particular so I did not pull the trigger. Will be watching tomorrow.