Raytheon for a quick rally

25 сент. 2018 г.

Raytheon on the weekly chart just broke out of ascending triangle with a bullish engulfing pattern. The MACD is looking good on a crossover as well. Looking for a short term call option play to $211-212. The 9EMA is curling nicely up under the candles as well, with no unpward resistance until the $211 mark. I'll stop out at $202 to keep risk tight since its a short term play to the upside.