RTX - Strong bullish upside continuation

RTX is looking at a renewed bullish upside after the stock sees strong bullish break above the falling wedge and as well as the ichimoku kumo, further indicating uptrend confirmation.

The strong bullish break was also supported by the rising volume.

Mid-term wise, Stochastic Oscillator is showing strong oversold crossover, indicating the upside. 23-period ROC is rising and has broken above the zero line. Directional movement index is positive.