The new update is following.
- RSI ,Fast STO, CCI point higher, others muddle in the water
- price get supported by the confluence of 50 days MA, 80 days MA supports and the top of previous break out box [155, 163].
- the uptrend resume with high probability
In summary, the upside price target still is $172, and further target can be achieved by breaking out (before breaking out, no need to forecast too much). The buy entry is here or box top 163 and for extreme case is the box bottom around $155.
Next discussion is on stock NOC. The price hit $248 (target 245~250). Following is the link fro NOC analysis on 2/29/2017.
http://faithwithseedbest.blogspot.com/2017/02/292017-daily-stock-pick-northrop-grumman.html
- uptrend trend line hold up well
- RSI,STOs, CCI point up
- MACD, PMO has potential to cross up
In summary, any buy entry around 237.5 is OK. The upside target is 245, 248, 250, and beyond needs a break out.
My personal opinion is not for investment purpose, but for education and illustration.
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