Lockheed Martin - Bump & Run Reversal Bottom - Long
Bump & Run Reversal Bottom pattern has confirmed.
A reverse symmetry move to the $440 area could be in the cards.
Weekly MACD about to cross positive with a lot of room to the upside.
9wEMA crossing above the 20wEMA.
Not to mention the worsening situation in Ukraine providing a possible tailwind going forward.
A reverse symmetry move to the $440 area could be in the cards.
Weekly MACD about to cross positive with a lot of room to the upside.
9wEMA crossing above the 20wEMA.
Not to mention the worsening situation in Ukraine providing a possible tailwind going forward.
Comment:
Looks topped out up here. I will most likely post a short idea on LMT this week. Waiting to see if the H&S on the daily confirms.