The Rockwell Collins Stock Price Taboos Should Break $140, Which is the acquisition price for the stock by United Technologies. Let’s Analyse the stock.
Rockwell Collins Stock Price:
The Stock Rallied on the Rumor of United Technologies Acquiring Rockwell Collins. To Check United Technologies Stock Price Action trading click here. The Rockwell Collins Stock already moved to the levels of $130. This is the biggest Aerospace deal.
Now the news is out That United Technologies Acquired Rockwell Collins Stock all Cash and Stock in the deal. So if the Stock Gaps Up near to the levels Of offer price of $140. And The Stock has Trend line resistance around $140. So Don’t Jump and Buy as risk reward ratio is not favorable for buyers.