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Will General Dynamics (GD) Maintain Bullish Trend?

General Dynamics $GD has seen a steady bullish trend since the start of 2016, when it bounced off a low of 126.11. However, after tagging 215 in October, price has been retreating. It is now just above 200.

GD Daily Chart

(click to enlarge)

Bullish Trendline:
- The daily chart shows price stalling just above 200, and right on top of a rising trendline. 
- It is also right around the 100-day simple moving average.
- Furthermore, the RSI is right around 40. Note that it has remained above 40 for the most part during this 2016-2017 bullish campaign.
- If the market is going to maintain the 2016-2017 uptrend, it should turn over soon.
- The theory that the market should turn around here if it is bullish lends to the opposite - that if price falls below 200, we are likely in a period of consolidation or bearish correction.