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Long

Raytheon - $RTN - Possible long

NYSE:RTN   RAYTHEON CO
32 2 0
Raytheon             is in oversold territory with a nice pin bar on the daily chart .

High volume on the rejection from 120 (strong psychological number and previous resistance)

After hours dipped to 118.5 but has since move back up to 120.48 in pre-market.

Entry order above yesterdays high. Target 128.
Cancel pending order, price opened below support.
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nice read though
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