Home Stock Charts How United Technologies Stock Price Could Get You on omg! Insider

How United Technologies Stock Price Could Get You on omg! Insider

United Technologies Stock Price Analysis

United Technologies Stock Price is corrected &124.79 to 114.19. Let’s analyze the stock for short term trading with price action analysis. On my last analysis, “United technologies Divided Technical views” I clearly mentioned about $114 as strong support the stock bounced back to the levels of ¬†$121 now trades around $118. Let’s have a fresh look.

United Tech reached a deal to buy Rockwell Collins:

United Technologies has reached a deal to buy Rockwell Collins for $23 billion. It is the biggest ever aerospace deal. The Wallstreet Journal reports the news.

  • deploying $23 billion to acquire COL be a wise move for UTX?
  • The math for shareholder repurchase is more lucrative.
  • Maintain my bearish stance on the stock even if the deal goes through.

United Technologies Stock Price Analysis:

No need to change the support and resistance levels. $114 is the strong support for the United Technologies Stock Price.While the stock breaks the support then it may fall towards $85. If the Stock holds Support the $135 is short term target. As per the technical analysis, the stock has to break $126 which is trend line breakdown resistance.




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