Reallifetrading
Long

Pre earnings analysis on LMT

NYSE:LMT   LOCKHEED MARTIN CORP
Earnings analysis on LMT             .
If LMT             forms a few bullish candles before earnings (specifically - the day before) and LMT             gaps up large, should be a fade on the day trade and a few preceding days.
If LMT             gaps down, but opens above $235 this bullish power trend should remain (Long term)
I do see a nice pivot around 247.49 if LMT             opened below there for the day trade, might be nice. Only time will tell, but this thing is a rocket. Hard to fight the trend.

The chart below are the fibs from a few months back. Tgt             1 hit today

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