Analyzing the options chain and the chart patterns of RTX Corporation prior to the earnings report this week,
I would consider purchasing the $80usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.37.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
The defence sector has (ITA US) come under pressure lately due to concerns about the budget spending by the DoD given fiscal constraints in the US. Given the recent geo-political events are we seeing a breakout - Key members include RTX, BA, LMT and NOC. Thoughts?
The orange Fork projects the pull-back potential, which is the Center-Line.
There are 3 short levels I see:
1. The primary is way up in the primary Sellers Zone.
Although this would be the most profitable one, it has a
caveat: Price would by then have broken the Trend Barrier (Dotted slanting Trendline).
2. The secondary Short lies the Secondary Short level,...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 69.4/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
When I was a kid, my mom used to tell me:
“Steve, if you wanna make money in this world, you can count on people for 5 things and 5 things alone.
A) They will need food.
B) They will need money to pay for said food.
C) They will get sick.
D) They will get angry.
E) Then they will go to war.
Work in an industry that tailors to one of those 5 things and...
Raytheon Technologies Corporation is in a wonderful position, and will likely benefit heavily in the coming years. They are a company with strong fundamentals, plenty of employees, and constant demand from the US military. Missile defense systems will be sought after for decades to come.
Russian missiles have reportedly struck Poland today during a massive strike...
RTX had an irrational sell off based on a potential 3 billion dollar cost on the recent engine problem with Pratt and Whitney. Meanwhile the stock which has been a key player for decades and lost over 20 billion in market cap in two enormous gaps. The stop-loss would be a 5% drawdown, and gap 1 a 15% upside gap 2 over 30% upside. Obviously the jet fuel play would...
Get ready for the ride of a lifetime on a Raytheon rocket exploding dollar bills all over your trading account. Massive dark pool buy in over 5 million last week. This one is good to buy and hold long term next 2 years. Why? We have a failing president with no support, and the best way to unite people is to start conflicts or wars that demand we stand...
When price clears: 97.44
With above average daily volume.
Target: 103.00 area
Stop: Depending on your risk tolerance; 95.58 gets you 3/1 Risk/Reward
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade...
Everyone wants to get rich quick. Because getting rich quick means you:
a) Get rich
b) Quick
Then you can wear big ugly sunglasses, a crappy t-shirt, flipflops, sit on the beach, eat a lot of meat, drink a lot of alcohol, and be promiscuous with women.
This is the modern human's dream, right?
And so everyone loves to speculate on potential earnings pumps and...
The PEAD projected a bullish outlook for NYSE:RTX after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
RTX hit and triggered an automatic entry at $99.08. Getting in now would give you even more buffer and a tighter stop-loss.
Entry: 97.34
Stop: 93.34
Risk on 10 lots: 40
Entry 97.34
Limit: 104.82
Gain on 10 lots: 74.80
Gain on 5 lots: 37.40
The PEAD projected a Bullish tral outlook for $RTX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 83.33%.
The Defense Sector in general seems to be overhyped as if it expects earnings not to matter anymore but the PE/Ratios keep rising as if it's betting on the US to enter a direct armed conflict rather than reality which is that we are simply just providing old unused equipment to the Ukraine. I think in the near future the market will realize this and we will see...
The PEAD projected a Bearish outlook for $RTX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
Earnings watch 10/25:
HAL
ENPH
CMG
GM
TXN
RTX
GOOG
MSFT
KO
UPS
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt...
