Traders are watching this Ascending Triangle on NOC. Inspect the chart now.
Bullish continuation pattern.
Technical analysis of Northrop Grumman (NOC) reveals a significant setup. The stock is trading at $698.52, up 0.5% on the day. The primary technical feature is a **Ascending Triangle** formation. The trend indicator is reading 25.2/100, suggesting moderate momentum. A potential breakout level is identified at **$715.61**, targeting **$866.72** with support near **$674.75** (R:R 3.7).
What is your outlook on NOC?