LMT watch $459-462: Key Resistance zone break will mark BOTTOM LMT has been grinding back up since last earnings dump.
Bears almost rejected price at Resistance zone $459.44-462.68
Bulls look to have broken through it but still in a dangerous place.
Look for a swing above zone then a RETEST for long entries.
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Key facts today
Denmark has signed a $9.1 billion missile order with European suppliers, moving away from its previous reliance on Lockheed Martin's F-35s, which reflects a shift in its defense procurement strategy.
0.75 USD
4.74 B USD
63.10 B USD
About Lockheed Martin Corporation
Sector
Industry
CEO
James D. Taiclet
Website
Headquarters
Bethesda
Founded
1912
ISIN
ARDEUT111200
FIGI
BBG000LQ8PK2
Lockheed Martin Corp. is a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS), and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment is involved in air and missile defense systems, tactical missiles and air-to-ground precision strike weapon systems, logistics, fire control systems, mission operations support, readiness, engineering support and integration services, manned and unmanned ground vehicles, and energy management solutions. The RMS segment designs, manufactures, services, and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment includes the production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems. The company was founded in 1995 and is headquartered in Bethesda, MD.
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Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
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Chart time frame:B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
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A) Keep rising over 61.80% resistance
B) 61.80% resistance
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E
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200 point drop from the top
High volume at last year's low which coincide with the 420 zone.
Thinking this could be a bear trap below the trendline and or a fakeout.
Bearish case: Dead cat bounce amid peace talks to end the Ukraine war and last attempt to stay above the trendline a
iCurlyCae | Free Trade IdeaDisclaimer: I am not a financial advisor and this is, in no way, financial or trading advice. I am simply sharing options trading strategies that I use, and have been successful with in the stock market. This presentation is for entertainment and educational purposes only. There are significant fina
LMT – Long Setup IdeaLMT – Long Setup
Current: \$463.01 | Premarket: \$464.01 (+0.22%)
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📊 Why I’m Eyeing the Long:
✅ Strong base at \$450–460 – buyers defending this level hard for months. Solid floor.
✅ Premarket green after red day = possible bounce play incoming.
✅ Deutsche Bank PT \$472 – not huge, but con
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Displays a symbol's price movements over previous years to identify recurring trends.
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