Support under handle low and mid cup 126.75
The handle low is close to mid cup. In theory, the handle is not supposed to reacg below mid cup. Price has breeched the handle low recently. Price has not breeched mid cup.
Not a recommendation
Long entry level is the neckline where resistance is located. Necklines are not always straight trendlines but you could enter at 128.85ish and clear the first candles upper wick. It is acceptable to some to enter when price breaks the 2nd reaction high. Looking at volume is important as with a break out through the neckline, an expansion of volume is imperative...
Elbit Systems Awarded a $338 Million Contract to Supply the E-LynX Mobile Radio Network Solution for the Swiss Armed Forces!!!
ESLT: Elbit Systems Ltd.
Elbit Systems Awarded a $338 Million Contract to Supply the E-LynX Mobile Radio Network Solution for the Swiss Armed Forces
An interesting stock to watch: shows a pullback but is still in the green zone (as for Buy/Sell Zones indicator ).
Plus a significant level around 109,8-110 (the low that caused high) had kept the price drawdowns for 3 times already.
If the price holds above I'm anticipating a new wave of an uptrend.
Buy zone may be extended to 111.
Hi, today we are going to talk about Elbit Systems and its current landscape.
Elbit Systems is poised to receive increasing attention from the market as relevant events are taking place. The company announced that it was awarded an approximately $65 million follow-on contract from the Dutch Ministry of Defence, news that helps Elbit sustain the company good...
Quite possibly ESLT is going to be a major benefactor of Mr Trumps border security campaign.
Bullish news flow has added to the momentum in the stock.
Elbit Systems UK Ltd., UK subsidiary of Elbit Systems (NASDAQ:ESLT) has won ~$38M contract from the UK Ministry of Defence to supply comprehensive JFST systems to the British Army over a period of two...