InvestmentSentry

LMT looks ready to fly again

Long
NYSE:LMT   LOCKHEED MARTIN CORP
LMT now in my buy zone and also near diagonal support. Expecting a strong move higher in the next 1-2 weeks. Hoping it can break through the upper resistance this time. Thought I could wait until after close to post this but it bounced hard off 350 at the end of the day.
Comment: Still looks very bullish. Trap below buy zone, expecting this to be back near the 375 trend line by end of this month.

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