pixelyo
Long

LMT - 3 years channel - BUY target $220

NYSE:LMT   LOCKHEED MARTIN CORP
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3 years in a channel. Buy at support, sell at resistance, buy again at support, sell again at resistance... Or just buy and hold? I will definitely buy some at $220.
I have a super similar view! (Shared privately but here is the link) : 50% retracement of the most recent move is ~$223 so anywhere in the $220-223 range looks good for a long to me. Good luck to us, thanks for sharing the idea :)
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