While the shares did make a higher high, it was only by $7; only a few percent at these prices. It might already have peaked or it might have enough juice to hit $200 but this stock is very near a retracement point regardless of all the new contract news it has received of late. That news is now all priced in IMO.
Saturday, February 6, 2016
[NOC] update
At the backlink I provided the model below.
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While the shares did make a higher high, it was only by $7; only a few percent at these prices. It might already have peaked or it might have enough juice to hit $200 but this stock is very near a retracement point regardless of all the new contract news it has received of late. That news is now all priced in IMO.
While the shares did make a higher high, it was only by $7; only a few percent at these prices. It might already have peaked or it might have enough juice to hit $200 but this stock is very near a retracement point regardless of all the new contract news it has received of late. That news is now all priced in IMO.
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