L3Harris Technologies (LHX) – Rare Technical Signal Suggests More Upside
L3Harris Technologies has been steadily grinding higher for months, but a fresh technical signal now suggests this run could just be getting started. The stock recently pushed to new all-time highs after breaking out of a consolidation phase that lasted through the summer.
What’s particularly interesting here is the formation of a rare “quadruple top breakout” on its point-and-figure chart. This setup cleared resistance that had been tested multiple times since early 2025, confirming that the stock has moved into a stronger bullish phase. On top of that, the July move above $260 marked the end of a multi-year consolidation stretching back to 2022—a sign that a longer-term uptrend may now be underway.
While many growth stocks feel stretched after big runs, L3Harris is in a different position. The stock is showing strong momentum, but it’s still relatively early in this breakout cycle. For investors looking for exposure to a defense leader with both technical and fundamental tailwinds, this setup looks promising.
