Howmet (HWM) shares of the quality aerospace name are continuing to trend strongly higher this summer after multiple consecutive earnings gap up moves and now forming a bullish flag inside its monthly value area with a potential trigger above 96 bringing new highs into 100. HWM held its key support last week near 91.50 and now likely wants new highs after positive comments at the Jefferies Aerospace Conference last week could see upgrades from analysts. HWM doesn’t see a lot of options flows but last month saw 1500 January $110 calls bought at $2.80 that remain holding in open interest.