Hey guys, L3 HARRIS TECHNOLOGIES is a continuation of an upward trend, a goal of pull back to start rising again. Please LIKE & FOLLOW, thank you!
$LHX near confluence zone between important level of volume and EMA 200. Daily chart.
L3Harris Technologies (stock symbol: LHX) Fundamentals: (1) Its non-GAAP earnings forward guidance was raised to $10/share, which is greater than 2018's 5.70 and 2019's 7.32. (2) Their sales and earnings are experiencing an accelerate growth 3 quarters in a row now The last two quarters sales exploded (maybe because it is now a "new" or renewed company). (3)...
Entry level $212 = Target price $234 = Stop loss $204 Bullish break from Flag/Channel Approaching major resistance for all time highs RSI in very strong uptrend Momentum indicator bullish MACD has bullishly crossed above zero line Histogram ticking higher. Obvious issues worldwide a stimulant to the stock
L3Harris Technologies (LHX) breakout? $LHX
LHX has been fighting resistance at the $215 level and has tested it 4 times. The moving averages are curling up nicely under the price action and there is increasing volume on this last push. If it can breakout to all time highs i can see it running up to $227 based on its weekly chart range on breakouts.