“Stock Market Takes a Breather: QQQ Topping Tail Warning Signal”
RTX is oversold after a sharp decline; potential buy for a bounce to ~$194 from ~$170 support.
Next up, guys, into some uh defensive plays. And when I say defensive, I'm not talking about Colgate for Pro or or Proctor and Gamble uh Clorox. I'm talking about actual military defense.
This is RTX, RAON, previously known as Rathon. Look at this nasty. Now, this is the weekly time frame. Keep in mind, guys, this trend line was taken all the way back here in April of 2025, connected over to this pivot low here in May of this year.
But look here at the top, guys. Since August 10th, we've had one week, two weeks, three, four, five, 6, 7, 8, nine weeks in essence going straight down. I know we've got one green candle in there, but guys, that is a nasty sell here on RTX.