Huntington Ingalls Industries is well oriented to reach new tops.

The economic and financial situation of the company show some strength. Estimated sales from Thomson Reuters consensus are encouraging. The EPS revisions are in sharp uptrend and are regularly revised upward. Debt is decreasing rapidly from M$ 944 in 2011 to an expectation of M$ 576 this year.

Technical patterns are in the green and prices are in a sharp uptrend for several months. The movement should continue in the coming trading sessions and increasing moving averages could sustain the momentum.

Thus, investors could open a long position at the current prices to target USD 102.5 (swing effect). A stop loss should be set on the half of the expected performance (around USD 91.7).