$RTX is performing well this week on the strength of what is happening in the middle east.
It is a Aerospace and Defence stock, so it is directly involved in conflicts.
We can see from the chart that it was already very close to completing its Wave C before the events of last weekend took place and was in between the 0.5 - 0.618 Fib, which is where we look to see Wave C completing.
I have added in the next impulse wave if this is the start of the reversal, with a potential move back up to the blue line at $104.