RTX is respecting an ascending trendline, signaling strong bullish momentum. The price has recently rebounded from the trendline, maintaining the overall structure of higher highs and higher lows, which aligns with the trend continuation narrative.
I anticipate that if the stock sustains its upward trajectory, it could move toward the 134.68 level. As long as the trendline holds, the bullish outlook remains intact.
Feel free to share your perspective or any insights in the comments!
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