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dhimaswppr

LHX - Time to Bounce?

L3Harris Technologies, Inc. (NYSE:LHX)  
dhimaswppr  
NYSE:LHX   L3Harris Technologies, Inc.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
LHX is currently at the support area, is it time to bounce or breakdown continue?

snapshot
The support area is at $ 200.71 - 202.97

snapshot
4H Stochastic %K is above %D and it is above the value of 50 as well.
MACD and Squeeze Momentum are in Bullish Divergence.

Yesterday is close above its Weekly Pivot, so what's next?
Current price is below Monthly Pivot, Quarterly Pivot, and the EMA200.
snapshot

I'd rather wait until the price can breakout from $211.16

Disclaimer:
Writer is not responsible for any trading activity by individual who read this analysis.
Writer do not have any position in LHX when this analysis is posted.


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