Recently I posted about James Chanos and his bearish sector picks. One of the stocks that he could be shorting that's in the American defense sector is RTN.
RTN is above its key level 43 and will test it this week:
over bought on the 60min chart:
Has already broken 43 support level and now waiting to see if it can hold this key level.
I will add more if I see further attempts to shake out shorts and/or weak volume and lower prices in this range.
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