Hey friends, hope your having a good day. LMT has been gaining alot of attention mainly from retail traders. There are 2 possible scenarios. Bearish because It's currently at a major structure of resistance, retailers are aping into the stock and macd looks bearish. And theres bullish because it has formed a double bottom. Im leaning more towards to the bearish scenario myself I personally would stay away from this stock.
Have a good day ;)
Have a good day ;)
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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.