Raytheon Applied sciences Corp (NYSE: RTX) leads the aerospace and protection sector. Current geopolitical occasions have fueled sturdy outperformance and momentum for the inventory. As we speak, we analyze the Elliott Wave sample driving its strategic breakout. Our examination supplies a transparent technical roadmap for its ascent. This convergence of sector energy and wave construction creates a compelling technical setup.
Elliott Wave Evaluation
From its 2020 low, RTX created a three-wave advance to new highs. Wave I ended at $106, adopted by Wave II at $68. At present, Wave III stays in progress. This weekly cycle additionally reveals three waves into new highs. Due to this fact, the inventory has an incomplete bullish sequence. It goals to finish five-wave advances from each 2020 and 2023.
The projected path reveals an extension towards $222. This transfer will doubtless happen inside wave ((3)). Consequently, it could possibly later propel Wave III past $250.
RTX ought to proceed extending larger by a sequence of third and fourth waves. The important thing invalidation stage is the April 2025 low of $112. All day by day corrections should maintain above this stage. These pullbacks will create shopping for alternatives as 3, 7, or 11-swing patterns.
RTX Weekly Chart 1.23.2026
Conclusion
RTX’s bullish cycle confirms additional upside forward. Consequently, merchants ought to goal strategic entries throughout day by day pullbacks. Apply our Elliott Wave methodology for precise timing. Particularly, enter the market after a 3, 7, or 11-swing correction completes. Moreover, our proprietary Blue Field system identifies high-probability reversal zones. This disciplined strategy supplies readability and confidence. In the end, it positions you to seize the subsequent main advance.
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