Don't Ignore This Chart!

General Dynamics Breaks Chart Support and Relative Support


General Dynamics (GD) broke below its June low with a sharp decline the last two days. Also notice that the Price Relative (GD:SPY Ratio) broke support. GD is showing both absolute and relative weakness.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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