THIS IS NOT READY FOR SHORTS/PUTS YET. I WILL UPDATE WHEN I ENTER
This is a great way to play the trend down and then long again on the way back up. :)
I am overall bullish on LMT and their business model. But this chart says it's due for a correction.
There is a series of charts I am finding with patterns which end mid-2020 which also coincides with 2yr/20yr...
Hi, today we are going to talk about Lockheed Martin and its current landscape.
Rare earths are a critical part of laser- and precision-guided missile technology of Lockheed Martin, also each F-35 Lightning II produced by the company requires 920 pounds of rare earth materials, so the news coming from China might help Lockheed to increase their profit margins and...
Rejected 400 level. Major Whole Level. Tested again and created new support level which has pushed up nicely from. Overall in strong up trend with potential of breaking above $400 if fundamentals remain strong.
Entry level $390 = Target price $420 = Stop loss $383
Indicators bullish with room to run higher.
7&12 ma's crossing has proven to be a good buy signal in the past.
A move about the .65fib would be a good buying opportunity.
P/E ratio 18.35.
Yield 2.49%, reasonable.
Lockheed Martin Corp. operates as a global security and aerospace company, which...
Lockheed Martin is showing higher highs in price but lower highs in volume, RSI and MACD. Look for support on the 200W EMA. It is always possible that price continues to move to the marked area above at $420 for one more push up. Assuming the top is already in, the 0.618 retrace would be in confluence with the 200W EMA.