CFD Trading – Buy General Dynamic Corp (GD.NYS) @ $204.00. Stop @ $198.50 and Target @ $215.10.

General Dynamics Corporation Stock Code GD.NYS


Price broke above the cloud in the previous trading session, changing the chart outlook from bearish to bullish. Price also broke above a V-shaped Ichimoku structure which has a price projection target at $215.16. Conversion and Base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD has a bullish crossover and is hinting at a bullish price trend. We think price is likely to move higher to the previous high at $210.39 initially and eventually to the Ichimoku V shaped price projection at $215.15 in the next 2-3 weeks.


$204.00              Buy

$215.10              Price Target

$198.50              Risk Management Stop

3 weeks              Trade Duration

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