LDOS broke ATH this month and have given bullish entry on our indicator.
Entry Price - 128.07
Stop Loss - 107.34
Target 1 - 138.32
Target 2 - 144.72
Swing Entry for holding the position for 3 to 6 month for meeting the targets
Price recently broke its all time highs which we are at a point in price action that has yet to have occurred up until now, shortly before earnings come out. There looks to be more upside leading into earnings as this equity right here is a long term hold and has a lot more upside considering the situation around the world at this moment. Both the fundamentals...
Long stan Weinstein stage 1 ready to be tested again and probably, looking at the volume, to be broken to the upside.
First target 125 and then 150. Stop loss at 103.
The PEAD projected a Bullish outlook for $LDOS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
The PEAD projected a Bullish outlook for $LDOS after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
The PEAD projected a Bullish outlook for $LDOS after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 85.71%.
Fundamentals:
+ Exposure to military contractors
+ Next generation "Iron-Dome" systems with applications in Guam-Taiwan through subsidiary Dynetics.
Opinion:
As the FED continues tightening, sovereign debt figures keep rising. Taiwan and Ukraine are now hotspots for defense contractors. Within the Risk-Off context and taking into account the military sovereign...
LDOS looks like its ready to move on and up from the ascending triangle. Many defense stocks are in the same or a similar pattern. RTX already moved up.
Leidos = probably my favorite. Their global across 30 countries and work in aviation, defense, energy, healthcare, AI, science (environmental science, electronic warfare, sensors, autonomous systems, life sciences), space (historically long term contracts w/ NASA), and surface transportation (so freight and logistics, vehicle safety, automated vehicles)
10%...
LDOSLONG POSITION
As we can see, the price is in a descending triangle : it means that we expect that it'll reach the hypotenuse of the triangle, we should assure that before place the trade it touches and tests the support(we use the base of the triangle). If it reacts ang goes up , we can place a trade and take profit where there's the hyponenuse.
p.s. if it...
LDOS is at the bottom of an ascending triangle. It coincides with an important support zone that has rejected previous days. Stochastic also is rising and exiting the oversold area indicating us a bullish signal.
My advice is a long position near to the confirmation candle.
Entry Price: $ 94.24
Take Profit: $ 111.86
Stop Loss: $ 91.83
NOT FINANCIAL ADVICE
Ascending triangles usually lead to breakouts to the upside, just like the red descending triangle led to a breakout to the downside. Could be a good trade with a stop loss below support around 1%-1.5%
