After this weeks F-35 crash i anticipate a massive decline in the price of lockheed martin.
Right now when considering options trades I am looking at these
$415 Strike price - October 06 - Current price $1.70
$405 Strike Price - December 15 - Current price $6.00
Lockheed Martin Corporation - 30d expiry - We look to Buy at 448.25 (stop at 438.25)
Prices have reacted from 442.30.
Support is located at 447 and should stem dips to this area.
443 continues to hold back the bears.
The primary trend remains bullish.
This stock has seen good sales growth.
Price action was confined to a narrow range highlighting the lack of...
On the daily LMT, over the long term is shown to have descended into the support
of the ascending support trendline in what appears to be an ascending wedge.
Confluent with the support trendline is the mean VWAP and the mean band of
the Bollinger Bands. I see an opening for a long trade targeting the resistance
trendline and also the second standard...
The PEAD projected a bearish outlook for NYSE:LMT after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 40%.
Lockheed Martin Corporation - 30d expiry - We look to Buy at 448.25 (stop at 438.25)
447 continues to hold back the bears. Support is located at 447 and should stem dips to this area. We look to buy dips. The primary trend remains bullish. This stock has seen good sales growth. Expect trading to remain mixed and volatile.
Our profit targets will be 473.25 and...
Lower tf inverted h&s forming. Above $458 should see $467 minimum imo. Ultimately I think this pattern could be enough to push it to new highs but we'll see. Bullish this name above $447 longer-term. Inverted h&s stop out would be ~453.
With earnings coming up lockheed martin remains bullish and seems to have broke toward the upside out of consolidation. My immediate PT was for it to close gap at least around 475 area.
If LMT has a great earnings this can possibly test next resistance at 480 as its still trading and trending up.
Trade Responsible,
#TradeTheWave 🏄🏽♂️🌊
Lockheed martin earnings play. This stock has my interest with multiple contracts with the government and missing 1 of the last 5 earnings.
Lockheed is no stranger to getting multiple contracts. A lot of constant contracts coming in with government agencies and commercial airlines.
For a month it has been consolidating jun-jul and recently broke out of...
LMT is registering significant net buy volume based on weekly data -- bouncing off an ascending trendline support. Upside continuation in order.
Weekly histogram + Price has created consistent higher lows conveying long term price growth.
Fundamentally speaking, LMT recent earnings release is looking good as ever.
Spotted at 450
TAYOR.
Safeguard capital always.
1/2 position @ 463.50!
Entry: 463.50
Stop Loss: None Yet (To add on further pull back)
1st PT: 472
Sell the news on earnings recently but this is due for a bounce.
Bullish setup on LMT, TD9 on the daily, doji in demand. Given the war escalation I could see this moving upwards in the coming weeks. I am long via May 19th 470C from .80
