(10-29-2020, 09:11 PM)EricL Wrote: I'm no chartist, but I'd agree that the NOC chart doesn't look good at all.And this is why I mentioned up front the chart is clearly broken. I knew somebody would bust my chops. Should I just go buy an industrial with a PE 50% above historical PE and a YOY revenue drop? All major defense stock charts look like this right now. Should give me some time to accumulate if I decide to buy NOC.
Failed to rise above $350 multiple times and now looks like it broke support under $300.
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