LMT has been consolidating within this range 380-397 for about two weeks now, although yes a symmetrical triangle can result in either up or downward moves, Im willing to bet we see a continuation in its current price pattern up until it meets resistance at the Fibonacci extension/resistance of 402.50 which would be over a 4% move from the apex of the triangle, it...
Hello, I focused on RSI and it seems N.D with a double top setup. We should watch MAs at this point. Pink is ma20 and blue is ma50.
It is not a secret to anyone that Lockheed Martin participates in the production of the most important American warplanes, which are the backbone of the American air force, such as the F-22 and F-16 It produces the UGM-133A Trident II nuclear missile It is the most important line of US nuclear defense It produces many aircraft, missiles, advanced electronic...
Disclosure: I do own shares in LMT and this is not financial advice. LMT is approaching 0.618 Fib retracement level from Pre Covid High to Covid Low. MACD Cross on the Weekly and looks like the Monthly will have a cross over shortly. Using Fib time series analysis as well to anticipate price moves near the vertical lines. My time horizon is long-term so I am...
Above the daily green cloud, looking for a move higher. Simple continuation setup for a day trade or weekly.
See chart, Possible reversal. Momentum increasing. Should benefit from the next stimulus containg airlines aid packages. It may take some time since the whole market is in the worst shape right now and looks like it really want to correct. If it doesnt LockeedMartin will fly again. PT: 357$ PT extended: 380$
When I think of Booz Allen Hamilton, I think of rockets. You think of Booze. That's the difference between you and I... Lay off the Booze and get some calls in BOOZ! This rocket is about to take off! The 200MA battle. On the daily here we see consistency. Can it do it all over again? Wait for that cross to happen. Be patient. This is the daily chart so once it...
I like to use the Gann box for this stock, because this indicator has worked so well consistently. As you can see from the chart the reversal may have begun or may drop one more time before heading for $420. Don't miss this. Like and share this chart with all your friends so they can benefit from this analysis. Thank you.
Lockheed is a very interesting defensive play here - there isn't much I would be buying in this market, however I think if we can get $325~ on LMT it would be a great R/R for a longer term Call option play, or straight shares.
LMT 12day, Weekly, Daily Set-up ENTRY = 320 add = 305-266 1st Target = 354 2nd Target = 375 3rd Target = 400 HODL Target = 440+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form...
LMT is getting pressure downwards however I am bullish on the company and stock. I believe the stock is currently undervalued considering the Biden administrations policies and what it would mean for defence stocks. This price level has supported the stock price and I believe it will breakout upwards from the descending resistance line. Either way, considering the...
LMT's jet is specifically mentioned in the bill which should result in a large sum sale to boost their profits. This is a good long term hold as well as a good trade short-term for the recently passed defense bill via congress overturning Trump's veto. RTX, which is Raytheon and united technologies combined in a merger, both organizations have had longstanding...
Lockheed Martin Looks like it be a good channel trade for a short swing, Trade it till it breaks, got a feeling it will break to the upside soon. Weekly chart looks like it's finding good support off the 150 MA and a break above the channel is very bullish.
Today close could be first week since Nov 2019 that $BA closed above 200SMA. Dual falling wedge breakouts indicate strong bullish reversal continuation. $188.33+ close reclaims Golden Ratio
These guys will either pump like Apple or do nothing at all. In either case, you don't suffer. You'd just be parking your cash for a few weeks. Yes. Weeks. No longer. I'd be looking at the first few weeks of Trump's next term to close out.
We had a breakdown from our previous analysis. However, once we stay above our yellow trend line support we maintain a bullish bias. $BA is still a BUY in my opinion GL traders!