LMT trade ideas
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 $NOC benefit from Missile Spending
LMT breakout today cup& handleThis stock is breaking out today as it has made a new high at 333$. 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
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