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RTX stock price fell 11.90% in the current month.
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RTX Corp. stock price hit a 52-week low at $73.62.
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The trend in the RTX share price is in a downward direction.
RTX stock price fell 11.90% in September 2023 and eroded a big portion of the market capitalization. It broke the crucial support of $80.00 with a massive gap down which triggered a panic sell-off in the stock.
RTX stock price dropped below the 50-day and 200-day EMA showcasing a downtrend. However, the prices look highly oversold so a wild short squeeze may trigger anytime.
In August, RTX share price traded in the range between $80.00 to $90.00. Buyers have tried their best to defend the lower range but they did not succeed. The recent gap broke the lower range and caused a further decline.
Meanwhile, the selling volume increases which shows that some big investors may have exited at higher levels.
RTX share price is trying to take support near $73 but fresh buyers
We współpracy z: https://www.thecoinrepublic.com/2023/09/18/rtx-stock-price-analysis-more-downfall-pending-in-rtx-corp/
