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Raytheon - $RTN - Possible long
Raytheon is in oversold territory with a nice pin bar on the daily chart.
High volume on the rejection from 120 (strong psychological number and previous resistance)
After hours dipped to 118.5 but has since move back up to 120.48 in pre-market.
Entry order above yesterdays high. Target 128.
High volume on the rejection from 120 (strong psychological number and previous resistance)
After hours dipped to 118.5 but has since move back up to 120.48 in pre-market.
Entry order above yesterdays high. Target 128.
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