Seasoned Stocks Trade of the Week - Raytheon (RTX)

Never Be On The Wrong Side Of Another Historically Repeating Market Cycle Or Trend…  Dear Friend, Welcome to this week's Seasoned Stocks: Trade of the Week where we show you one trade you should be looking into for the week. We dive deep and take a look at how this stock has behaved historically during this time period. This is information you are going to want to read. We do this every week for you, so keep an eye out for another one next week. We do not give "specific" trading recommendations, rather "general" market information that’s purpose is to provide you an edge in your trading. Now, let’s get into today's report. So there’s a very good seasonal period that’s coming into play for Raytheon Technologies (RTX). For those that do not know about Raytheon, here's’ a bit of general information about the company... About Raytheon Technologies Corp (Ticker: RTX) Raytheon Technologies Corp, formerly United Technologies Corporation, is an aerospace and defense company that is engaged in providing advanced systems and services for commercial, military and government customers worldwide. The Company's operations are classified into four principal business segments: Collins Aerospace Systems, which is a global provider of aerospace and defense products and aftermarket service solutions for aircraft manufacturers, defense and commercial space operations; Pratt & Whitney is engaged in supplying aircraft engines for commercial, military, business jet and general aviation customers; Raytheon Intelligence & Space is a developer and provider of integrated sensor and communication systems for advanced missions, advanced training, and cyber and software solutions to intelligence, defense, federal and commercial customers; and Raytheon Missiles & Defense segment, which is a designer, developer and producer of integrated air and missile defense systems. Here’s a recent headline about Raytheon...  Over the past 10 years KKR & Co. (NYSE ticker: KKR) has gone up 100% of the time from the end of September on into the later part of the month of October. The Average Move Up during this one month period is 7.3%. This is a fantastic move, and if one understood how to properly trade options, that could potentially have less risk and an increased ROI% with an 7% + Average Move. Below are some stats on KKR, and as you can see it has been on a really good bull run year-to-date if you glance at the chart as well. Below is what the Seasoned Stocks app has pulled up for Raytheon. It’s got a very attractive Profit Factor of 5.14 (Gross Profits, divided by Gross Losses) over this 22-day trading period (October 8th - November 8th) that it’s uncovered. The Average Move Up during this time period is +5.81% which is good. Heads up: October 26th Earnings Announcement In looking at the historical ‘average mean’ line chart...the move can peak out on and into November 8th --- keep that date in mind, as we hope to have an expected move up and into that date... Below is a composite of multiple technical indicators that gives us an overall big picture of what the technical sentiment is saying. Right now the Daily timeframe is Neutral. This is ok, possibly it’s in a consolidation period, that might lead to more institutional volume accumulation...see image below: Our technical analysis widget is saying that the consensus of indicators is a Buy on the Daily timeframe. The competitors seem to be in a bullish period during this Start Date for Raytheon to get bullish as well. This is always nice to have alignment within its peers. Here’s a look at a Week by Week breakdown of the historical seasonal breakdown of October, November and December...this is a very solid 3-month historical pattern. So here’s what I’m seeing on the chart…(image below) I’m waiting for at least a couple of red pull back bars (2 lower lows) on the Daily Chart...then I’m waiting for a green candle on the Daily, and once price starts to take that out to the upside, I’ll look to test the market with a buy-side position. I’ve drawn an ‘example’ of what that might look like. I drew 2 lower low red candles, then a green candle, and wrote ‘ENTRY’ as an example of a hypothetical example should the price decide to trade above the green candle...then, I would look for a potential target into the $93 region where there’s overhead resistance/overhead supply zones (purple-magenta colored lines)...you will also notice the orange-yellowish resistance/supply zones, should price decide to trade down into those regions, then you can access if the stock decides to reverse to the upside. To summarize, I’m waiting for a pullback, and then for prices to start accepting higher prices. If I miss the trade, so be it, there’s always a trade somewhere else. A point worth noting...this is not a make or break deal, but I always like to glance at the Sector and Industry that the stock is a part of. That said, Raytheon (RTX) is in the Industrial sector, and within the industry of Aerospace and Defense. If we look at the Industrials Sector (see chart below-bottom histogram), the Medium term trend is down, and has started to head up somewhat. If we look at the Aerospace and Defense industries (see chart below-second histogram from the bottom), they’ve had a run-up as of late. These are telling me that it’s okay to consider taking a long position in Raytheon being that it’s Sector is turning around somewhat (maybe it’s oversold), and the market seems to like the Aerospace and Defense industry at this time. Ok. That’s about it, hopefully you’ve found value in the information provided. Please remember, do your homework, and fully understand the risk before trading anything. To learn more about more seasonal information on Raytheon (RTX) and other seasonal opportunities, please click on the link below to access the Seasoned Stocks software: []( Trade Smart, Chad Shirley Caution: Provided as-is for informational/educational purposes only and should not be construed as investment advice . Past performance may not be not indicative of future results. Always consult your Investment Adviser before any decision. P.S. Don’t MISS OUT… if you have the Seasoned Stocks scanner, be sure to set up email (be sure to check your Spam and Promo filters) and text alerts for your upcoming Seasoned Stocks trade alerts that you enable: Sent to: {EMAIL} [Unsubscribe]( Spyrol Group, LLC, PO Box 1510, Clearwater, Florida 33757, United States