TXT Bull Flag and ‘Ready to Run’
Textron (TXT) hitting the ‘ready to run’ scan today with shares flagging above the 21-MA and prior breakout range. A move above $74 in focus with a breakout targeting $80 and with MACD and RSI both poised to turn higher, plenty of room for a bigger move. The weekly range breakout targes $87. TXT one of the stronger trends since March and holding well above VWAP from the recent lows.