1
General Dynamics’ stock price closed at $224.01 with a loss of -0.72% during the last intraday session.
2
GD stock price rises above 20, 50, 100, and 200-day EMAs.
3
The year-to-date return of General Dynamics is -9.62% while the three-month return is 7.06%.
GD stock price has been in a strong bullish trend, forming higher lows, since the formation of a support level at $204 in May. The stock price surged nearly about 12% from the $204 level. However, the price has started to retrace and might be correcting the bullish move.
The bullish move seems to be halted at $225.80 and the price might retrace forming a strong support to rise further. The candle of 3 August closed as a bearish candle and the last candle was able to break the low providing slight confirmation regarding a bearish move.
Source: GD Stock Price By TradingView.
If the next candle is successful in breaking the low of the last candle, the price might head toward the
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