ITA LONGbounce into that zone should produce targets if this trend is still intact, 1-4 risk reward ratio.
Good trade to look at.
Key stats
About iShares U.S. Aerospace & Defense ETF
Expense ratio
0.40%
Home page
Inception date
May 1, 2006
ISIN
US4642887602
ITA tracks a market-cap-weighted index of US-listed manufacturers, assemblers and distributors of aircraft and aircraft parts primarily used in commercial or private air transport and producers of components and equipment for the defense industry, including military aircraft, radar equipment and weapons. The fund caps its holdings to meet diversification requirements, limiting a single company to 22.5% of the funds assets, and preventing completely unbiased exposure to the top few that dominate the industry. Concentration risk remains high despite the caps, reflecting the undiversified nature of the industry. Despite this, ITA still allocates holdings to a mixture of large, mid, and small-cap companies. The fund uses a representative sampling strategy instead of replicating the underlying index. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Electronic Technology
Stock breakdown by region
DEFENSE WINS CHAMPIONSHIPS (Global Conflict Summary EDITION)Per the council of foreign relations, these are the following current global conflicts. I've included a brief description of each conflict. It's important to understand these if you're planning or already are investing in defense stocks.
Per TA, I've labeled bearish price targets, bullish price ta
ITA - Defense ET
Broke out of falling wedge around 109 and is moving well in the supply zone.
With two wars, geopolitical risks are high and this could play out as a good hedge.
First target would be around 117. New pivot there might set this up for higher price.
I am long from 109.50
Defense in FocusDo you call yourself a patriot? With allegations that Russia is willing to sabotage a nuclear power plant in Eastern Europe sophisticated investors like me and you need to answer the call. Invest in iShares U.S. Aerospace & Defense (ITA) ETF, supporting the strength of our nation's aerospace and def
ITA - Minor Low BreakoutStrong G/G trend in a sector that should continue to benefit from arms sales and production.
21/34 Propulsion support, Darvas levels, Darvas 3.0 and Vscore support.
Volume support is priced lower. This may end up being a multiple price entry or an entry @ lower prices.
Entry - 115.60 minor low
Defense stocks rise Fundamentally:
Raise of world instability and wars risks.
War in Ukraine
Future possibility of NATO vs Russia conflict
Technically:
I see a clear impulse after correction. Will wait for wave 2 to add more to this trade. Currently, have position lower.
In M1 good PA reversal signal.
No a financi
ITA (Aero &Defense)Sector where names like Boeing , Lockheed Martin and Raytheon are traded..
If you look at all 3 of those , you'll notice massive moves the last 2 weeks that mirror the moves in this sector
We're are at supply area and it's looking like a reversal from here, RSI and CCI are already turning over.
ITA Aero-Defence etf bottommed if 93 holds & it BO channel @103ITA has been in a downchannel even before invasion. It only overshot during invasion to make an ATH @113.37. Since then, it made an ABC corrective wave & came back down to retest channel base near the 93 zone.
BULLISH CASE: it bounced after retesting channel base @93 but was stalled by ma50.. 93 is
Defense industry getting ready to ramp.Inverted head and shoulders on the $ITA. Someone is thinking we may be ramping up on weapons...
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