$LMT Falling Wedge into LT Gap-fill$LMT Bullish falling wedge into long term gap-fill from May 2017. Playing for a near term bounce back to $290 by January.
Note: Informational analysis, not investment advice.
LMT trade ideas
Missile Defense Agency Awards Lockheed Martin Contract LMT: Lockheed Martin
2018-12-19 19:00:00
Missile Defense Agency Awards Lockheed Martin Contract to Design, Manufacture and Construct Homeland Defense Radar-Hawaii
LMT - Long - Wedge Reversal Long on LMT as the wedge reversal hopefully breaks through fights and conquers the resistance tomorrow.
Short LMT (weekly at support, wait for confirmation)Weekly at support both my indicator and double head neckline. Need a strong candle to confirm the breakdown.
TP: 230, P/L ~22%
Break 21eMA $303.75 Mth + 9eMA $304.50 DConsolidate/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 $NOC benefit from Missile Spending
LMT- A bull in the making.Looking at the price action and previous earnings, LMT seems oversold and a great value play. Geopolitical issues and a consistent investment from both established and emerging markets make this a great stock to consider.
LMT testing Trendline since 2013LMT took its turndown along with the rest of the market in recent week and is currently testing a trendline that has been in place since 2013. Watch closely for the break lower.
Scalper - LMT - 15m chart - Oct 18, 2018Based on my proprietary indicator (in testing mode):
Long
Entry on green arrow
Exit on red arrow or stop loss or target hit
Short
Vice versa
Iran Nuke DealIf the US withdraws from the Iranian nuclear deal we will likely see an uptick not only with this stock but all weapons contractors.
LMT breakout today cup& handleThis stock is breaking out today as it has made a new high at 333$. To be aggressive, I bought the november 332.50 call strike for 9.90 per contract (990$ invested) and looking for the stock to go from 333$ to 350$ a share. Once i am profitable of atleast 20%, im going to write a sell call to decrease my risk. if you want to play this stock, you can buy the 3x etf DFEN which has broken out to new highs. Thanks for reading
LockHeed Daily looking to Test HighsBullish break of resistance following a bulldiv reversal on the weekly. Good bull continuation volume MA cross on the weekly just happened giving good support for potentially a new high.
LMT - Strong Bullish PatternLMT is going strong after breaking above resistance at 330
price created an inverse head and shoulders which indicate that the price is ready to attack the highs at 360
volume is also supporting this break
reclaimed the 200sma on that massive day 3, goes agane soon somewhere, someone is losing their ass shorting stocks, crunching in the numbers looking at Americas military spending debts, while some ungrateful trust fund baby is in their mid teens spending their parents $LMT dividends on gucci flip flops whilst listening to lil pump. poetic
LMT BT*DWe are here now at the first higher low. I think we have quite a lot of upside on this stock
LMT Potential breakout$326 resistance seems broken, strong bounce off 4H-200MA, test of 200 day MA on friday. TP 340, SL 323 (or exit on a 4H candle close below 326)
$LMT - industrials sure looks good here one IHS (slightly messy) confirmed, working on the other. Clear 330 to trigger
LMT closing to breakout or breakdownLMT is about to complete its inverse Head and Shoulders pattern. The pattern will complete at $330. Look for a breakout at the $330 mark for a rally up towards $345-$355 range. If it breaks down from its bottom support the head and shoulders pattern is void!
LMT Inverse Head and ShouldersNovice trader trying to get a better understanding of tech analysis. Is this an inverse H+S pattern that failed to break the neckline or has the charter charted the wrong shoulders and head? Lol idk
What are your thoughts?
