Investors Taking a Shine to UTX
by Sam Collins 08/11/09
United Technologies Corp. (UTX) -- This worldwide provider of technology products and services to the building systems and aerospace industries has built a strong base that began in October 2008.
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Recently, there has been a dramatic buildup of high-volume buying. Just before that, the stock flashed a double Collins-Bollinger Reversal (CBR) buy from our internal indicator and a gold cross.
A breakout from $57 should result in a trading target of $65 to $68.
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