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Northrop Grumman Corporation  (NYSE:NOC)
Posted on November 10, 2011 at 07:10 AM EST


Northrop Grumman Corporation  (NYSE:NOC)

Technical Features:

A:  Resistance at $70.
B:  Support at $50.
C:  Support at $35.
D:  Uptrend.

Technical Analysis:

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.

Summary:  Sell.



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