LHX is currently at the support area, is it time to bounce or breakdown continue?
The support area is at $ 200.71 - 202.97
4H Stochastic %K is above %D and it is above the value of 50 as well. MACD and Squeeze Momentum are in Bullish Divergence.
Yesterday is close above its Weekly Pivot, so what's next? Current price is below Monthly Pivot, Quarterly Pivot, and the EMA200.
I'd rather wait until the price can breakout from $211.16
Disclaimer: Writer is not responsible for any trading activity by individual who read this analysis. Writer do not have any position in LHX when this analysis is posted.
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