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kilo1romeo
Jan 4, 2015 11:28 PM

LMT Lockheed Martin just hit a ceiling Dec 23rd Short

Lockheed Martin CorporationNYSE

Description

All indications I see are showing a set up to $177 - 176 zone. Supply has been coming in above $178 and now on approach to $200. I am long LMT. I am taking off a portion of this position Monday morning. I wrapped up early Fri and didn't catch my alert in time even though my #2 Excess Supply signal calculated Friday morning. My first stop is in the $160's. My avg is $100 between $130. LMT Lockheed Martin is one of my largest holdings. At 3 absolute deviations above a 15 year regression, the statistical gods are not with me. Trim & Trail kids.
Comments
kilo1romeo
Static Charts: LMT daily
LMT - vs - SPY daily
LMT weekly
LMT - vs - SPY weekly
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