RTX and the aerospace industry looks bullish. The Aerospace sector wasn't hit nearly as hard today as the rest of the market and is showing upward strength. RTX has now tested resistance of the 74 level 6 times. With each test supply is getting less, and demand is growing, i believe this will breakout to the 80 area.
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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.