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Is LHX preparing to trend lower? Slingshot Bearish shows up after climbing 0.3%
LHX finished higher by 0.3% on Wednesday, August 26th, trading 1.0 times its typical volume. Multiple bearish signals emerged — New 52 Week Low, Slingshot Bearish & Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 259.38, 255.8 & 253.07, with resistance at 265.69, 268.43 & 272.01. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of LHX: F
Just a sneak peek — check SwingTradeBot.com for the full story on LHX.
Read full article here »