GMR Macro Technicals - 24 August 2018
GD is under persistent pressure as a result of combined weekly and monthly downtrends. Until/unless is can neutralize those trends - above 194/198 - more weakness is in store . SPX is still trend up, but more susceptible to a correciton lower as weekly trend rises under the market. See GMR Macro Technicals for specific price levels and detailed Trade Strategy.General Dynamics is an aerospace and defense company. The company has five operating segments: Aerospace, which provides a family of Gulfstream aircraft and services for business aircraft produced by Gulfstream and other original equipment manufacturers; Combat Systems, which provides combat vehicles, weapons systems and munitions; Information Technology, which provides information technology (IT) services, IT infrastructure modernization and professional services; Mission Systems, which provides mission-critical products and systems; and Marine Systems, which designs and builds nuclear-powered submarines, surface combatants, and auxiliary and combat-logistics ships.
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