It looks like this thing just popped. There's a clear island that just formed that looks extremely bearish to me. This looks like the finale to a massive head and shoulders pattern that tanked the stock.
I'm looking for it to hit that long term trendline before I would even think about putting my money into the 2nd biggest defense contractor. Very sad actually because this is such a great company. I am sure they will get more funding.
I'm looking for it to hit that long term trendline before I would even think about putting my money into the 2nd biggest defense contractor. Very sad actually because this is such a great company. I am sure they will get more funding.