Making a new idea because put the wrong symbol on the other on lol. Looks like a bull triangle could be forming on LMT, but Dividend payout is tomorrow Dec. 30th. Looking at previous payout dates the stock fluctuated $6-$8. Cautiously bullish until it breaks rising support for this triangle. Let me know what you think.
ENTRY: 480.62 SL: 445.54 TP: 494.93 - ADX>25 - Daily RS +ve - Daily FFI -ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - Breakout on 18 Oct 2022 from downtrend channel. - Looks ready to test ATH. Entry based on following: - Pivot Point: Pullback since 8 Nov 2022 peak to near pivot level (455.31) and reacted well with rebound. - TPB Daily VZ:...
I am uber bullish on $LMT #LMT I have no idea about its fundamentals or technical or what exactly this stock does. I just know that #Aladdin indicator has a buy sign on the Monthly timeframe. It is not financial advice. I usually am clueless. And I am usually very very wrong.
Simple risk/reward setup on the break. You can never go wrong with the war machine, unfortunately. The overall market needs to help it along.
This is a monthly chart of the defense company Lockheed Martin (LMT). As you can see, a bull pennant is appearing. In my experience, I have found that the most valid bull flags or pennants usually retrace back to the Golden Ratio (0.618), then bounce and continue higher (see below chart). When this occurs, the measured move up is typically one full...
Lockheed Martin, Netflix, Tesla, Bank of America see positive notes on earnings. Multiple investment firm banks give positive sentiment on investments.
Looking at the LMT Lockheed Martin options chain, i would buy the $405 strike price Calls with 2022-11-18 expiration date for about $9.50 premium. Looking forward to read your opinion about it.
BMV:GD GD has bounced down from resistance of sell order blocks. Relative Strengh downturn confirms. This is setup as a swing short with a Reward to Risk of 4. GD will recover from this reversal as this defense contractor is in a boom sector, giving the geopolitical /macro overlay. Also check RTX and LMT.
if you have patience - buy and hold for 2-3 years. If you look for other stocks / crypto with higher RR, this is not for you. CCC.io
LMT has broken out nicely of a large symmetrical triangle on this daily timeframe Similar structures can be seen in the green rectangles, with an also similar bottom in circle These similar structures are both bullish
The price movement with each channel is extremely similar This leads me to the conclusion that price action following the channel end may also be similar Price action after the first up channel was very bearish , therefore I can assume after the second up channel bearish movement can be considered This is regardless of the channel being above or below the Major...
Correction as expected, but long-term concerns us. With things going on in Ukraine and how things are getting crazy in the South China Sea, wouldn't be surprised to see LMT to play out as expected. Keep a close eye on this one and world events.
On 7th March 2022, this company reached an all-time high of 479.99 USD. However, it struggled to move higher after that and started to exhibit choppy price action. Over the past few weeks, it formed a range within which it tends to move; this rectangle pattern spans between 429.32 USD and 449.58 USD. We will monitor the price action of LMT as we anticipate a...
This is a long shot as the war is not over air warfare which is the specialty of Lockheed. However, the increase of its drone manufacturing capabilities could grant it a lot of governement contracts. If Putin boosts the Ukraine conflict from Special Operation to a declaration of War, I expect a lot of upside for Lockheed; specially Drone warfare division.
LMT has been a strong name due to the conflict in Ukraine (defense) However alongside with the entire market, it has trading lower. This is showing a good set up below Friday's lows. Ultimate target (ideally) $400
$LMT Lockheed Martin - Breakout, Retest, Bounce Candidate Assuming $440 support level holds this week, monitor for a bounce toward $500 level medium term. Medium Term Target: $500-$520 range by Q3'22 For an options play, I am looking to go long the Sep 16 22 $450 calls going for around $25.00 currently. If I was forming a spread to limit risk I would be...
Long reasoning: MACD flipping to the upside Triple Top (inverse H&S) see: bit.ly
Hey it looks just like oil, go figure,,, wonder what the correlation is LAWL