The stock is close to breaking out from a flat base with a 104.44 buy point. The stock is also arguably actionable from a rebound off its 10-week line.
Given current market conditions, investors looking for an early entry might be better off waiting for RTX stock to clear its March 25 high of 125.97. It hit resistance just shy of that key level at the end of last week.
The relative strength line has been taking a breather following a recent spike. The current global security situation means another spike would be no great surprise.
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Viagem para os Estados Unidos e a Industria americana Brasil
Source Node: 1680063
Time Stamp: Sep 22, 2022
