Texas Instruments
Shares of Texas Instruments have given back very little of the powerful gain off the March lows. At the early September high TXN was up 60% from the 2020 lows. The stock stalled after re testing the January 2020 highs in June and again in mid July. In August TXN...
Lockheed Lifting
Lockheed Martin has been trading in a narrow range since mid July. This tight action has been hemmed in by a damaging breakdown gap left behind back on June 11. A fresh rally leg may be on the way. Solid support is developing underneath as the 50 and 200 day moving...
Is Raytheon Ready?
Shares of Raytheon are on the verge of a breakout. All September the stock has been moving sideways in a narrowing range while trading inside the August range. Since getting dumped from the Dow;...
Citigroup Sinking
Shares of Citigroup are under pressure again this morning. Yesterday the stock took a damaging hit following negative regulatory news: https://seekingalpha.com/news/3613808-citigroup-to-get-regulatory-reprimand-shares-sink-5?mod=mw_quote_news. C finished the day...
Universal Health Update
Universal Health Services is in break out mode today. Today’s 3% gain is driving shares past heavy resistance near $115.00. This key zone has capped the post March peak at multi month highs. Since UHS’s solid Q2 earnings report:...2020 Investors Guide FREE
