LMT ready for one last breakout?
With strong earnings and potentially a final escalation in the Ukraine war, LMT could be primed for a move to the low 500's. $430 support/SL
Note
Moving nicely, the earnings was monstrous, oddly didn't produce much of a spike. I still expect this to get legs into the high 400's, digest, then make a move for $500++Note
Monster move, this will breech $500 next week. I am in March 510C and Feb 500C... looking for 528, then 544... possible we go way higher as Ukraine is about to escalate significantlyNote
Hit the resistance zone near ATH, should consolidate then fire through $500... once $495 goes it should move FAST
White Lake Investment
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White Lake Investment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.