devicemxl
Short

RTN-160412-STO/DMK-SHORT

NYSE:RTN   RAYTHEON CO
i see the next at NYSE:RTN            
  • The stochastic close a turn down
  • The price have problems to cross the 127 zone
  • The price meaby can test the 130 level again
The price is filling a flat top triangle with a nice heiken smooth path, and is close to broke.

Setup: Short
Entry: 127.6 (over not cross or rejected by 130 zone)
SL: 132
TP1: 112

Ideas, comments or corrections
They are always welcome
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