Trading in a channel with some healthy consolidation. 50 day SMA passed through 200 day SMA (Golden Cross) Trading at a discount with only a 15 P/E ratio. Fair Value Estimate from Morningstar: $436 Implied Upside from Last Close: 15% Lockheed just landed a big sale to Switzerland of their F15 jets beating out Boeing
Above the daily green cloud, looking for a move higher. Simple continuation setup for a day trade or weekly.
Lockheed Martin Looks like it be a good channel trade for a short swing, Trade it till it breaks, got a feeling it will break to the upside soon. Weekly chart looks like it's finding good support off the 150 MA and a break above the channel is very bullish.
Large timeframes here boys we are playing big swings. be bullish. US defense contractor. You think the Military is going out of business? then short boeing. I am LONG.
Like other stocks (check out idea published on Boeing NYSE:BA by visiting our ideas) in Aerospace and Defense industry, LOCKHEED (NYSE:LMT) also has some path to move further up. Coordinates are:- Entry: 361.30 SL: 354.80 Target: trail the price Valid till 17th June 2020
🚀 Lockheed wasn't Immune to COVID turbulence, but from a long term outlook LMT is likely a great investment opportunity. Earnings have been strong, contracts have been impressive, and the chart has been mega bullish over the long term (despite being subject to market-wide corrections like COVID). For all these reasons and more, let's look at some long term levels...
What has Bitcoin and Lockheed Martin got in common? I show how both have been resistant in recent weeks to corrections in the S&P500, and one possible contributing factor. Why is any of this important? Well - war is a serious systematic risk to all traders and investors. (See disclaimer below). Am I saying there is going to be a war? I am NOT! Am I...
Buy: $287,18 Sell:$327 SL: $269
LMT took its turndown along with the rest of the market in recent week and is currently testing a trendline that has been in place since 2013. Watch closely for the break lower.
Hello Traders. Glad to present LMT priceaction forecast near future through EWA/EWP. Subscribe to "Powerful Traders"! Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets,...
The last time I published an idea on Lockheed, I had a price target of $360. That target was hit very briefly before a massive Defense sell-off. BA, LMT, NOC, RTN all announced earnings recently and were all hit hard. LMT is approaching oversold territory (some may argue that it is already in) according to RSI - something we've not seen since the end of 2016....
LMT really took off (pun intended) in the days leading up to and following their last earnings report, only to return to the landing strip again before taking another shot at $360. It is now back to home base and looks to be refueling before trying $360 again. On Friday, LMT scored a sizeable contract with the USAF for training support, and with no shortage of...
Possible further decline due to the evening doji star setup and the MACD cross. Could be affected by Trump - Lockheed Martin related news.
If you are interested in warfare technology and you want to invest in stocks long term, you should buy Lockheed Martin Stocks. The stock prices rose after the innovation of stealth fighter jets,war news. United State's power is based on that kind of warfare corporations and even in the broken economy cuz of political crisis and war, LMT stocks shall...
I am stacking LMT with another confirmed reversal, it's back about the 9 day MA, the 50 day, 100 day and 200 day all have a nice slope still. The RSI is above the 50 level and heading up. Stochastic shows upward movement, and the MACD is making a positive cross up (almost) Stop Loss at 270 - Take Profit (don't know I'm holding for a while)
Good morning traders, Sad start of the week, with another terrorist attack in London. Stand together. This is added to the conflict in Middle East , Qatar breached diplomatic relations with its counterparties in the gulf region, presumably due to support of terrorism. Reviewing military-related stocks, they are very bullish. Is this drums of war symptom ? Or...
Lockheed Martin (LMT -0.6%) has secured a $1.38B contract with the Pentagon for F-35 aircraft. The deal is an advance acquisition contract covering 130 F35 Lightning II craft, for the Air Force (about 23%), Navy (about 3%), Marine Corps (9%), non-Department of Defense participants (38%), and foreign military customers (27%) -- as well as another 110 craft for the...
I think we're seeing a double bottom for Lockheed. I'd consider a trigger @ $194 for a small upside breakout $198.4 is a second resistance point to a higher level upside trend. However, I don't expect to see $198.4 broken until Q3 of 2015 at the earliest on little/no news.