$LMT Cant keep up with demand, what a great problem.Lockheed Martin simply have products that it can not get off the production line quick enough to meet demand. This gives the company enormous pricing power which is great news for investors. Unfortunately the hostile scenarios around the world between so many nations will ensure that demand will continue if not increase well into the future. This stock presents many morale questions for investors, whom battle with the ramifications of the utilization of these deadly products.
LOM 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