L3Harris Technologies (LHX) has moved up strongly in the past two days pushing it closer to an important upside breakout. Let's review a set of our favorite charts to see how we should trade LHX in the week's ahead.
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The key issue for reactive traders is to spot an intraday reversal and a poor close -- that will be the primary tip-off that further problems await.
The stock is trading above the 50-day and the 200-day moving averages.
Let's check out the charts of this healthcare stock.
This is pretty much exactly what you get when you have so much positive research.