We reviewed the charts of Raytheon Technologies (RTX) on January 6, writing that "RTX may trade sideways for a few more days but I suspect we will eventually push higher. Traders could go long RTX at current levels and on strength above $92. The $113 area is our first price target."
More from Investing
Plus, why a report about an Apple 5G modem setback sounds believable.
Buyers of the shares are becoming more aggressive.
These stocks are priced for an industry-wide calamity, but how realistic is that considering their customer base?
Here's what traders looking to go long GIS could do.