Defense Contractor Forms High Tight Bull Flag
RTX (RTX) shares are tightly coiled the past month and closed strong near highs on Monday as the defense leader can breakout above 120 to new highs of 125 short term while a bigger upside advance can likely target the 161.8% fib extension on the weekly chart which comes in at 129. RTX continues to be one of the stronger uptrends in the industrial sector as its now up over +43% YTD and offers a 2.1% yield.
