Lockheed Martin Corporation
Long
Updated

Break 21eMA $303.75 Mth + 9eMA $304.50 D

113
Consolidate/Buy Opp into eMA 4 Long-term Swing
Missile/Defense Budget Zero Party Bias






Recent Pull back creates buying opportunity with Break past $300, to the eMA Lines mentioned (for conviction), NOTE Heikin-Ashi Candle Potential Sentiment/Swing Trade Setup on Daily Chart
#tekmunnee Strategy would be to play Long Shares, if Options, At The Money or near Strike out 6+ Months
My Optimistic Case would be to test ATH, and Potentially $385 Target as a Swing Trade
Historically, Congress, has zero political bias on Military Spending
Hyper-sonic Missile Threat is Critical for USA and Pentagon Funding supporting expansion and expediting as Russia has deployed & India has technology + Capability to deploy.
BONUS: Barron's Cover Story Pump 11/3/2018

RTN NOC benefit from Missile Spending
Note
Typo ATH=all time highs
Note
The eMA targets to watch started crossing to perfection Monday 11/5 and Tuesday 11/6; we are seeing strong upside after the eMA lines cross for continuation and strength as identified in original post.

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