I am one of those who think that General Dynamics stock should be watched carefully for a while.
The trend line was drawn by taking into account past tariff discussions and the price movements that resulted from them.
What we need:
Volume data with a clear increase
Persistence above the 50 and 200-period moving averages
Persistence above the FIBO 0.5 retracement level (278.23) for a while
I am currently neutral but keeping an eye on long positions.
Regards.
The trend line was drawn by taking into account past tariff discussions and the price movements that resulted from them.
What we need:
Volume data with a clear increase
Persistence above the 50 and 200-period moving averages
Persistence above the FIBO 0.5 retracement level (278.23) for a while
I am currently neutral but keeping an eye on long positions.
Regards.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.