Raytheon Technologies Gains 38%

Bimini Road identified a Ghost Pattern in December 2020 that lasted 31 days indicating a large buying event by insiders on Raytheon stock.The Ghost Pattern ended in January 2021. The news outlets report that Russia is beginning to move troops and equipment to the Ukrainian border indicating that an invasion of the Ukraine is probable. Shortly thereafter the price of Raytheon Technologies stock begins to go up on the news gaining 38%.

Historical Timeline

December to January 2021

- Ghost Pattern captures 31 days of buyingMarch 2021

- Early March 2021

- Russia begins moving troops & equipment to Ukrainian BorderPrice Moves Up

- Raytheon gains 38%