I have been eyeing this setup for a bit now. Double bottom on the weekly as a nice volume base has formed. Can see 440 on the breakout above 400.
This is going per the plan shared before. I am going to wait our the Wave 1 and 2 to complete before taking a long position. Tracking it closely.
Lockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration and support of technology systems, products and services worldwide. Revenue TTM 66B Net Income TTM 6B EBITDA TTM 8.7B EBITDA margin TTM 13.5% Debt/EBITDA TTM 1.3x P/S 1.39
LMT may look bullish on the 4hr or daily but its approaching extreme trend/RSI resistance on the weekly time frame. We most likely see another rejection and move to 351.89-335.90 in the near future. like and follow for more 💘
MIC will come into play at some point I'll be buying on any market corrections Will probs buy an ETF tho GRI 2022
Weekly bullish structure. H4 - impulse in the process, extended third wave. Interim target for the impulse is 400 Longer term - 500, based on x2 size of the flat on weekly. Good luck!
we have two scenarios for LMT ... 1 scenario: BUY after the reverse of the support level at 348.00 ... 2 scenario : BUY above the resistance level at 358.00 .. finally target 376.00 ..
Large Diamond top on the monthly but based on the curves path, I believe this breaks to the upside. Still needs more time but ultimately I see this setting up for $600+ 299.60 - 325 is a great buying zone.
LMT: Voyager Space; Nanoracks; Lockheed Martin 2021-12-02 16:00:00 Nanoracks, Voyager Space, and Lockheed Martin Awarded NASA Contract to Build First-of-its-Kind Commercial Space Station
Lockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration and maintenance of systems. It operates through: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Revenue TTM 66.8B Net Income TTM 7.1B EBITDA TTM 10.2B Net Margin TTM 10.8% EBITDA margin TTM 15.3%...
The PEAD projected a Neutral outlook for $LMT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
LMT Lockheed jhad a full on break from its bear wedge recently. This would be a great time to buy for those wanting to get in on a solid defense stock. Or for those looking to make some quick bucks on futures.
Overall still in downtrend, if the resistance hold. SL can be set tight.
LMT trying to break out of down trend channel and bounce off previous support, maybe a few weeks of sideways before the next leg up. PT 380-400 once it begins to rally again. good luck ! :)
The market appears to be accumulating weapons manufacturers. What... you are going to bet against the American military? Wait for the accumulation or daily/weekly trend to change. It's a monthly equilibrium.
LMT: Lockheed Martin Corporation 2021-09-23 16:29:00 Lockheed Martin Increases Quarterly Dividend And Share Repurchase Authority