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Mimo2
May 10, 2017 6:09 AM

Long $LMT Long

Lockheed Martin CorporationNYSE

Description

LMT appears to be breaking out from a multi-month base. It successfully tested the 50 DMA. MACD in bottom track (green circle) shows a bullish crossover. PT of about $284 (~3.7% upside) based on fibonacci retracement to the 161.8% level.
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