JavidTrader
Long

LMT trending up

NYSE:LMT   LOCKHEED MARTIN CORP
LMT             is one we have discussed on our private traders forum over the years. The weekly has continued to be in a good uptrend and looking at the daily, price broke the resistance yesterday after a recent bounce from the 200 day moving average zone.

The next Earnings release is scheduled for January 22nd 2015 before the market opens.
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20141124 - Resistance becomes support. We now want to see price remain above this support level and breakout of recent highs.
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