Trading Idea:
LDOS (Leidos Holdings) - Long Setup
🎯 Idea: LONG
⏰ Timeframe: Daily
📊 Pattern: Bullish Continuation + RSI2 Connors Buy Signal
Fundamental Context:
Fundamental Score: 5/9 (Neutral).
Growth: Moderate Revenue + Strong Net Income Growth YoY.
Balance Sheet: Good (Debt Score: 8/10).
Valuation: Fairly Valued on P/E; Overvalued on P/B and P/S.
Technical Setup:
Trend (D1): Bullish ✅
Catalyst: Recent RSI2 Connors Buy Signal (oversold bounce).
Entry: $183.30 (Pullback to support & confluence zone).
Stop Loss (SL): $173.70 (Below key swing low).
Take Profit (TP): $202.50 (Previous resistance target).
Momentum: MACD hovering near zero, poised for upward crossover.
Risk Management:
Risk/Reward (R:R): 1:2.0
Position size accordingly.
Summary: Buying the pullback in a bullish trend following a short-term oversold RSI2 signal, targeting a move to the next resistance level.
⚠️ Disclaimer: Not Financial Advice
This analysis is for educational and informational purposes only. It is NOT a recommendation to buy or sell any security.
Conduct your own research (DYOR) before making any investment decisions.
You are solely responsible for your own trades and investments.
Past performance is never indicative of future results.
Trading involves significant risk of loss and is not suitable for all investors.
#TradingView #LDOS #Long #Defense #GovernmentIT #RSI2 #Connors #TradingSetup
🎯 Idea: LONG
⏰ Timeframe: Daily
📊 Pattern: Bullish Continuation + RSI2 Connors Buy Signal
Fundamental Context:
Fundamental Score: 5/9 (Neutral).
Growth: Moderate Revenue + Strong Net Income Growth YoY.
Balance Sheet: Good (Debt Score: 8/10).
Valuation: Fairly Valued on P/E; Overvalued on P/B and P/S.
Technical Setup:
Trend (D1): Bullish ✅
Catalyst: Recent RSI2 Connors Buy Signal (oversold bounce).
Entry: $183.30 (Pullback to support & confluence zone).
Stop Loss (SL): $173.70 (Below key swing low).
Take Profit (TP): $202.50 (Previous resistance target).
Momentum: MACD hovering near zero, poised for upward crossover.
Risk Management:
Risk/Reward (R:R): 1:2.0
Position size accordingly.
Summary: Buying the pullback in a bullish trend following a short-term oversold RSI2 signal, targeting a move to the next resistance level.
⚠️ Disclaimer: Not Financial Advice
This analysis is for educational and informational purposes only. It is NOT a recommendation to buy or sell any security.
Conduct your own research (DYOR) before making any investment decisions.
You are solely responsible for your own trades and investments.
Past performance is never indicative of future results.
Trading involves significant risk of loss and is not suitable for all investors.
#TradingView #LDOS #Long #Defense #GovernmentIT #RSI2 #Connors #TradingSetup
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.