Long reasoning: MACD flipping to the upside Triple Top (inverse H&S) see: bit.ly
Hey it looks just like oil, go figure,,, wonder what the correlation is LAWL
This stock has surged over 30% on the Russian invasion of Ukraine. Overbought with gaps to fill. Looking for a near term correction to low $400's much lower if by some miracle this ends soon with peace!! Bought April 14th $450 puts, will add on every $20 increase in price.
The defense giant is about as bullish as it gets right now. RSI is just right, price action is exciting and nearly vertical, and it's approaching all time highs. It's a good time to be an investor and a scary time if you're thinking about entering. What about day trading? Yes please. There's a good chance that LMT will at least try to test the all time high...
Let’s look at the recent news with Ukraine. This is example is not meant to lean in any direction of morality as much as it is meant to show how news hints at the direction of the markets. - The US and EU has been warning of possible Russian invasion since December 2021 - Biden publicly proclaimed this warning multiple times in January When you watch the news,...
Lockheed Martin is organized around four core business areas.. Aeronautics, missiles and fire control, rotary / mission systems, and space. With geopolitical volatility firing up, this stock should continue to do well and potentially break out here. On a longer term scale (3 month candles) we're already seeing capital flight into the stock this quarter as it's...
Weekly bullish structure. H4 - impulse in the process, extended third wave. Interim target for the impulse is 400 Longer term - 500, based on x2 size of the flat on weekly. Good luck!
Large Diamond top on the monthly but based on the curves path, I believe this breaks to the upside. Still needs more time but ultimately I see this setting up for $600+ 299.60 - 325 is a great buying zone.
LMT Lockheed jhad a full on break from its bear wedge recently. This would be a great time to buy for those wanting to get in on a solid defense stock. Or for those looking to make some quick bucks on futures.
Been waiting for a while, finally eagle has landed!
Its looking like LMT is right at support! Made a position here! Waiting for a bounce!!!
LMT chart is telling me a further bear swipe might take more value off the defense juggernaut.
LMT price action this week has begun confirming support at the 50% Retracement of the 2021 bull trend. Price has slowed down and held it for multiple days with a volatility spike adding confirmation yesterday. It is now setting up for optimum short term risk to enter.
Looks like a big symmetrical triangle...can breakout either bullish or bearish. I am currently in a long position.
RGR has been a real undervalued gem in 2021. We NAILED the entry back in January, and I think this stock is getting ready to move again. The $70-75 area is a great value buy zone, with earnings just around the corner. It's sitting just above the .618, with some MACD divergence. With a 1.5%~ dividend yield this is a strong value. I am long via shares and the Aug...
NYSE:LMT long setup: Entry above Friday's high at 384.89 Stop Loss under June 29th low at 372.75 Profit target 442.03 Risk/Reward 4.71
Trading in a channel with some healthy consolidation. 50 day SMA passed through 200 day SMA (Golden Cross) Trading at a discount with only a 15 P/E ratio. Fair Value Estimate from Morningstar: $436 Implied Upside from Last Close: 15% Lockheed just landed a big sale to Switzerland of their F15 jets beating out Boeing