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Textron Inc. Message Board

  • rightqueen2 rightqueen2 Feb 6, 2013 10:22 AM Flag

    Technical Breakout

    Textron's 50-day moving average just crossed 200-day moving average signaling a bullish trend. Check stockcharts website for Galleryview on TXT for both daily and weekly charts. That site signals ascending triple top for TXT whichnis very bullish.

    Investor Business Daily methodology also signals that TXT has had its double dip and developing a pan handle pattern for a big breakout. Fighting here to close above 28.89 but as soon as it does, TXT is ready to move higher.

    No one left to sell!

    Sentiment: Strong Buy

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