RAYTHEON
So this is more about finding a way to write all my calls and ideas and be accountable.
But I see a broadening wedge on Raytheon , I would hope RTH, would go above the top line and use that as support,
The current geopolitical environment with Iran , is one of the reasons why I think RTH, may be a semi-ok play
I feel more can happen that would make a RTH, bull case then bear case
I want to let this trade play out, before October 14th -> Trade talks
But if the position is in profit on Friday I make just bank it and leave
I will reconsider my position at 188, I have no hard stop, if only RTH goes down to that level and it isn't a entire market move , that is a situation I will reconsider my original thesis.
Going on my previous notation of October 14th
I will be looking at Brexit on October 31st If it happens to see how I play my open positions,
-> I'd rather be out during those events and see what happens
But I see a broadening wedge on Raytheon , I would hope RTH, would go above the top line and use that as support,
The current geopolitical environment with Iran , is one of the reasons why I think RTH, may be a semi-ok play
I feel more can happen that would make a RTH, bull case then bear case
I want to let this trade play out, before October 14th -> Trade talks
But if the position is in profit on Friday I make just bank it and leave
I will reconsider my position at 188, I have no hard stop, if only RTH goes down to that level and it isn't a entire market move , that is a situation I will reconsider my original thesis.
Going on my previous notation of October 14th
I will be looking at Brexit on October 31st If it happens to see how I play my open positions,
-> I'd rather be out during those events and see what happens
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