#NOC #long #stockNOC is locked into a escalating channel. As you can see from the black lines, the angle of ascent continues to rise. The MACD has set up for another up run and OBV looks good. If you scroll up to the weekly and daily, they look good too. Longby The_Patterns_Guy2
NOC Breaking UpNOC Is breaking out of Its 4-year accending Channel, This is what a Bullish stock looks like. Support should now be around the top Channel line Longby ugeo211Updated 2
Noc a big option UP in the future it is no novelty that the war industry or better said defense is nourished by everything that concerns us today, therefore the current may breathe a little just to take more inpulse, a runner preparing to jumpLongby ManuelRodriguez2
NOC Upward channel to eternity Super long upward channel that has been running for about 4 years with perfect bounces of the Green MA ribbon, interesting to see many US government security provider charts looking similar Longby ugeo2114
NOC possible long?Very nice title with a super uptrend. Now in consolidation with a bullish triangle (?). See my longsetups. Are you agree?Longby Mikekersting3
Northrop Stair Stepping HigherNorthrop has been on a tear over the last 3 years as it continuously bases and and moves higher off support. Share prices has advanced since mid February, so look for a period of consolidation over $200 to provide a good entry point. Longby GetLong0
Northrup Grumman CorpsIn a long term uptrend, fresh demand zone highlighted in yellow. Buy on a pullback to this zone. Entry: $202.00 Stop Loss: $198.75 Target 1: $213.98 by Pdunuwila0
Short NOC (and the defense industry in general)The whole Defense industry is extremely overbought in all time frames, even in monthly. Stocks are reaching important long term Fibo projections. NOC is making no exception, showing RSI bearish divergence and declining volume in parabolic rise. % waves completed, has reached the top of its risisng channel. Excellent risk/reward on the short side, target near $167, even $135 possibly.Shortby powerintegral2
Short NOC (and the Defense sector in general)The whole Defense industry is extremely overbought in all time frames, even in monthly. Stocks are reaching important long term Fibo projections. NOC is making no exception, showing RSI bearish divergence and declining volume in parabolic rise. Excellent risk/reward on the short side, target near $167, even $135 possibly.Shortby powerintegral1
NOC day-swing long oddsOdds for daily/weekly breakup and I will look for long above $191 what is previous week highLongby JohnChartIdeas0
Defense Might Be The Best Offense, Northrop Grumman Corporation The stock market has been on a roll again this year. It has moved up on a seemingly undeterred ascent all year, aside from a bit of a hiccup it suffered in January. Whatever has been thrown at these markets, they always seem to shrug it off as people come in and buy any short-lived dips. One sector that has not really participated in the party has been the defense sector. Names like Northrop Grumman Corporation (NYSE:NOC) have just moved sideways, while the S&P 500 has kept climbing. Is this trend about to change? You are probably thinking to yourself "why would this guy look at this under performing sector?" The markets can go on pretending for so long, but at some point they will have come to terms with geo-political events. Since the beginning of the year there has been tensions brewing with Russia and the U.S. While Obama has tried to handle such situations with diplomacy, that will only work for so long, before the US has to take military action (hopefully not). With the unfortunate tragedy of Malaysian Airlines flight MH17 being shot down. One has to wonder if this is the catalyst that will force the U.S. government to act militarily. This event is tragic in nature and there has been loss of human life. However, the world will still go on and markets will move. That is why I have focused on the defense sector and Northrop Grumman Corporation (NYSE:NOC), as these companies in this sector could see a boost in share price if tensions escalate further. Technically speaking, you could say this name has been basing all year and is building energy to push higher. If the U.S. does use military action, that could be the spark that moves Northrop Grumman Corporation (NYSE:NOC) shares higher. For live market insight, chart setups that take advantage of the market moves and real trades when we initiate them... come step inside the Elite Round Table and enter profitable trades, with the proven Pro's. We look forward to having you join us as we navigate the markets and make money! Parm Mann Elite Round Table Follow me on twitter: @ParmMannTrader Join the Elite Round Table on Facebook by Parm1