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Northrop Grumman Corporation (NYSE:NOC)
Posted on November 10, 2011 at 07:10 AM EST
A: Resistance at $70.
B: Support at $50.
C: Support at $35.
The NOC uptrend (D) was broken in July 2011. If support (B) at $50 breaks, expect a drop to support (C) at $35. At best expect a sideways movement between support (B) at $50 and resistance (A) at $70.
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