tsx_trader

RTX - possible breakout trade

NYSE:RTX   RTX Corporation
Looking at a possible breakout trade with analyst avg rating pointing at $106

Need the following conditions:

- Break above present high
- good volume
- good overall market conditions going into next week

Set loss would be set at the moving averages where break below averages signals sell.

Profit at decline on bullish momentum.

Will not buy major gap ups.
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