LMT.NYS_Bullish Pullback Trade_Long

ENTRY: 480.62
SL: 445.54
TP: 494.93

- ADX>25
- Daily RS +ve
- Daily FFI -ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Breakout on 18 Oct 2022 from downtrend channel.
- Looks ready to test ATH.

Entry based on following:
- Pivot Point: Pullback since 8 Nov 2022 peak to near pivot level (455.31) and reacted well with rebound.
- TPB Daily VZ: Pullback from 11-16 Nov 2022 was within TPB Daily valuezone and breakout of it on 17 Nov 2022.
- Stoch RSI: Crossing up 20.

Trade closed manually:

Closed at 486