Momentum is building with this Bullish Flag. See the live chart action.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Bullish continuation pattern.
Sideways movement between parallel supports.
A clear signal has emerged for RTX Corporation (RTX) on the daily chart. With a last close of $198.82, volatility remains active (-1.15%). The primary technical feature is a **Bullish Flag** formation. The trend indicator is reading 13.4/100, suggesting moderate momentum. A potential breakout level is identified at **$206.48**, targeting **$246.22** with support near **$193.08** (R:R 2.97).
What is your outlook on RTX?