Took a Small Position in $LMT (Lockheed Martin)

161
Spotted a solid risk/reward setup here on the daily.

โœ… Entry: $469.98
๐ŸŽฏ Target: $495.61 (+5.45%)
๐Ÿ›‘ Stop: $461.52 (โ€“1.80%)
๐Ÿ” R:R = 3.03

๐Ÿ•น๏ธ Trading just above the cloud with support from the base line โ€” if momentum builds and breaks the recent resistance range, this could move fast.

Just nibbling for now, watching for confirmation before scaling.

#LMT #DefenseStocks #SwingTrade #Ichimoku #RiskReward #TradingView #StockMarket
Trade active

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.