LMTThe relative strength today is interesting. Bouncing off the 200 sma and just below the moving average cluster & YTD VWAP. I like this one long against the 200 sma.
1LMT trade ideas
LMTLockheed Martin (LMT) rebounded from its recent low of $412.26 to close at $421.53 for the week. However, it’s EMA10-EMA20 and MACD deadly crossovers suggest bearish sentiments persist. Hence a daily close below $412.26 could provide short opportunities towards the $394.66 support. However, a daily close above $426 level could invite buying pressure with a potential retest of $445.49 resistance.
Lockhead Martin LMT is risingLMT is a prominent defense contractor with peer RTX. It is currently showing
It's stuff in Ukraine which may be the beginning of WWIII. The USA's stocks of
its products are depleted. This is a growth stock; no signs of recession for
LMT; it is backlogged USA needs to stockpile after that allies will be
be begging for any surplus as it develops ( think Taiwan and South Korea)
for LMT it is all about fixing supply chains optimizing production and
demanding more than a fair dollar entrenched the monopoly of sorts
with no chance, DOJ will litigate that issue especially given its current
task list
Rising price action MA and RSI divergence are a reflection of
macroeconomic catalysts. Bollinger upper band walk is helpful in confirming
the trend. Recent relative volume spikes may be suggestive of
institutional interest. Positive ADX is supportive. Mass Index
is moderate and stable which discounts any upcoming trend
reversal.
The stock is expensive for retail traders but percentage return is
what it is all about. Contracts can be had for expiration in the fall.
Lockheed Martin is going for 600 USD per stock until 2025if you have patience - buy and hold for 2-3 years.
If you look for other stocks / crypto with higher RR, this is not for you.
CCC.io
LMT - Further Upward PotentialLMT has broken out nicely of a large symmetrical triangle on this daily timeframe
Similar structures can be seen in the green rectangles, with an also similar bottom in circle
These similar structures are both bullish
Lockheed Martin Corp (LMT) finding support at the .618 fibLMT is currently finding support on the pre-covid crash top. Looks strong and pays a dividend. Should do well in today's world.
lmt 2 scenarioslmt 2 scenarios .. 1] buy after the break above the resistance 1 and 200ma ..2] sell after the break under the support level and 50ma ..
$LMT with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $LMT after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
BOS + GDOOBreak of Structure with Gap down on open
Waited for pullback/consolidation and brought puts on continuation
3:1 RR
Inside Day w/ BOS tradeInside day with Break of Structure.
Break below previous days low.
Waited for pullback and Brought puts on continuation lower.
see 2bar reversal on 30min chart as well.
Lockheed Martin: Long Term view and OpportunitiesHi folks,
This is a long term investment idea on a fast growing company, focused on few key sectors which are in constant development, as Aeronautics, Missile and Fire Control, Rotary and Mission Systems, and Space Innovation.
Overall View :
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
My idea of investing on a long term view is given by actual facts: world instability, space innovation rush, strong company with strong reputation and worldwide leadership of his sector.
Please share your ideas and comments below, and thanks for reading :)
LMT - Similar Up ChannelsThe price movement with each channel is extremely similar
This leads me to the conclusion that price action following the channel end may also be similar
Price action after the first up channel was very bearish , therefore I can assume after the second up channel bearish movement can be considered
This is regardless of the channel being above or below the Major trend line in white
$LMT ~ Should we prepare for war...Correction as expected, but long-term concerns us. With things going on in Ukraine and how things are getting crazy in the South China Sea, wouldn't be surprised to see LMT to play out as expected. Keep a close eye on this one and world events.
Is $LMT oversold?$LMT has caught our eye over the weekend. After selling off a large Doji Candle has appeared upon a relatively good support level. A short term bounce can occur.
BOS TradeBreak of structure
waited for pullback on 30 min
brought puts on continuation below 30min pullback
LMT , LONG This is one I've been watching for several months or through 2022 .
I wanted to wait for a break abouve current all time high but I saw some things that I really like that justified the trade so I took it 2 min prior to close .
First of all LMT is a stock that has shown strength vs general market through 2022 which is the kind of stuff I want to be buying .
Todays price action is nice , I marked what I really like on the chart . I see volume is kind of low but we are in a range .
I have set a 1.5R derisk target near ATH which I think is reasonable . I will sell half there if sucessful and tighten stop to half , or 0.5 R initial risk .
Some points :
1) Low volume down at support , could be higher ..
2) Hammer from a few days ago .
3) Today is a bullish engulfing , that creates a higher high and eclipses 4 near-term candles to the left and was not sold at close .
4) We are in a daily range but it is a trending range since it has a major higher low mind you it also has a LH with lots of wicks so still
confusion there ... trading range price action rules BLSH ( buy
bottom 1/3 of range and sell top 1/3 ) which is basically what we are doing here only maybe buying a bit higher than we should
be, but that being said we still have a 1.5 R derisk to top of range , so reasonable .
Price action was the main justification for entry here hoping to see trend from open tomorrow / strong bulls / continuation..
$LMT Target 487$$LMT Breakout in 4h Chart on above average volume after consolidation phase - Target 487$
All Entry Criteria have been met:
1. Price above 10, 20 & 50 EMA --> Check
2. Consolidation Phase in Uptrend --> Check
3. Breakout on above average Volume --> Check
BOS w/ bull flag - recapBreak of structure with bull flag
Waited for pullback on 30 min and brought calls on continuation.
Lockheed Martin Corp - Still up over 30% in 2022On 7th March 2022, this company reached an all-time high of 479.99 USD. However, it struggled to move higher after that and started to exhibit choppy price action. Over the past few weeks, it formed a range within which it tends to move; this rectangle pattern spans between 429.32 USD and 449.58 USD. We will monitor the price action of LMT as we anticipate a breakout either to the upside or downside. If the breakout to the downside occurs, an interesting opportunity of shorting this stock may present itself as this stock is still up over 30% in 2022.
Technical analysis - daily time frame
RSI, MACD, and Stochastic are bullish. However, the trend lacks momentum. Overall, the daily time frame is neutral.
Illustration 1.01
Illustration 1.01 shows the setup for LMT with two alternative scenarios. A breakout above the short-term resistance will be bullish, while a breakout below the short-term support will be bearish.
Technical analysis - weekly time frame
Stochastic, RSI, and MACD are all bearish. DM+ and DM- are bullish. Overall, the weekly time frame is slightly bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
6/5/22 LMTLockheed Martin Corporation ( NYSE:LMT )
Sector: Electronic Technology (Aerospace & Defense)
Market Capitalization: 117.803B
Current Price: $442.69
Breakout price: $446.45
Buy Zone (Top/Bottom Range): $439.40-$426.40
Price Target: $474.40-$485.30 (3rd)
Estimated Duration to Target: 70-73d (3rd)
Contract of Interest: $LMT 9/16/22 445c
Trade price as of publish date: $21.35/contract
