Bearborn

Falling wedge breakout, retest of resistance area triggered.

Long
NYSE:RTN   None
Raytheon just recently broke out of its falling wedge from the ATH. The breakout seems a little insecure at this point, especially looking at the volume, but we are likely to see a retest of the resistance area. If it has the juice to move any further is hard to tell for now.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.