Cynic Would appreciate your opinion on the chart. I think support around 240 if it gets there and RSI has dropped below 30 mark. Do reckon this will come good so was going to add shares to my isa. Haven't time to wait for reversal bar will be gone Mon
at a quick look 240/250 should suppport though certainly chart is pretty vile at the moment ...... perhaps i am not consistent in this instant, but i shall def hold faith with this company (and also SCHE) and have no intention of selling
good to see RTN has recovered well from its unwarranted (imo) tumble to 260 just a couple of weeks back, presumably in anticipation of good figures due shortly ...... sp is now quite decisively through 25 dma, but am slightly concerned that 50 dma at about 307 will prove something of an obstacle, as it tested and failed there last time ..... 200 dma is still some way above at 325
fimgers crossed that tueday's results will be sufficiently good that sp will not react badly merely because he market is volatile and peeps want to take money off the table ..... for sure there has been quite a lot of buying in anticipaton of good numbers, but will many of these just cut and run with a quick profit?
have decided to swallow my pride and a thumping loss ...... just goes to show one should not try to piss against the wind ..... though RTN has been making all the right trading noises, the market just doesn't want to listen