RTX--
Melius just changed $RTX to Buy due to the Iran conflict. The stock is at $194.72, below the 20-day average ($199.88) and 50-day average ($200.23). It needs to climb back to those levels to gain strength. RSI at 45.18 shows it's not oversold yet, just getting ready. It's down 5.71% this month but still above the 200-day average at $174.12. Demand for Patriot missiles, interceptors, and radar isn't slowing. Looking for a bounce above $200 as a key level. The 52-week high of $214.50 is the target if the geopolitical boost is factored in. #RTX #DefenseStocks #Trading
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