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Stock impact report

Bullish on Northrop Grumman Corp. [Globe and Mail, The (Toronto, Canada)]

Northrop Grumman Corporation (NOC) 
Last northrop grumman corporation earnings: 4/29 06:39 am Check Earnings Report
US:NYSE Investor Relations: investor.northropgrumman.com
the 40-week Moving Average (40wMA – C) and then settled in a wide horizontal trading range mostly between $415 and $495 (dashed lines). The recent rise above the top of this range signaled a breakout and the start of a new uptrend (D). Behavioral indicators including the rising 40wMA confirm the bullish status. Northrop Grumman is currently in the midst of a minor correction; there is good support near $490-500. Only a sustained decline below ±$480 would be negative. Point & Figure measurements provide a target of $595. The large trading range (dashed lines) supports higher targets. stock Monica Rizk is the Senior Technical Analyst of the Phases & Cycles publication www.capitalightresearch.com ). Chart source: www.decisionplus.com Sign up for our new Business Brief newsletter. A daily look at the most important business stories that are making news and moving markets, written by Chris Wilson-Smith Sign up Explore newsletters Report an editorial error Report a technical i Show less Read more
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