DEFENCE SECTOR STOCK- L3 HARRIS TECHNOLOGIES (LHX) has just broken out of trend line resistance. LHX made a previous high in August 2019 and is on track to reclaim that high point. Momentum seems to be picking up as it broke out on strong volume. It can be considered an early buying opportunity.
Also worth noting is the strength in the Defence Sector. Watch the ETF: XAR. It has a expense ratio of 0.35% and has returned almost 150% since February 2016 lows.
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