Will the Rectangle hold or fail? Plot your targets on the chart.
Sideways movement between parallel supports.
Reversal pattern. Price likely to break downwards.
Consolidation. Can break either way.
Bullish continuation if preceding move was up.
Bullish continuation pattern.
A clear signal has emerged for L3Harris (LHX) on the daily chart. The stock is trading at $355.56, down 0.67% on the day. Our AI has detected a valid Bullish Flag pattern. Volume is average (0.73x avg) with moderate trend strength (7.0). A potential breakout level is identified at $364.27, targeting $414.05 with support near $344.9 (R:R 2.57).
What is your outlook on LHX?