The PEAD projected a Bullish outlook for $LMT after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
Updated chart for supply (red) and demand (green) zones. Strong past two days even with a largely red market today. Still looking to fill the gap at 459.19.
Neutral until broken. When will the American people wake up? Stop the War we are funding! A lot of folks are getting rich with every dollar we send, and it is not the tax payor! I am not sure how many dollars are pocketed by corruption and oligarchs with each Billion we supposedly send to Ukraine. Ukraine is not a democracy. Put you hands over your ears when...
I sold off some of my long term LMT holdings last week before EOY to capture some capital gains. LMT was a big winner of 2022 up over 37% and price was stalling at the All Time High. This morning I received an alert for an opening price spike that created a critical low at 469.35. This is not a spike I would take as a reversal to go long. Rather, I am watching...
Lockheed Martin ( NYSE:LMT ) could be trading at $700 (currently $485ish). The bull case continues to unfold as Lockheed Martin benefits from (at least) three major tailwinds. Favorable market and economic developments benefiting value stocks; Improving global defense spending - that's a long-term benefit; Lockheed's ability to deliver the right...
Making a new idea because put the wrong symbol on the other on lol. Looks like a bull triangle could be forming on LMT, but Dividend payout is tomorrow Dec. 30th. Looking at previous payout dates the stock fluctuated $6-$8. Cautiously bullish until it breaks rising support for this triangle. Let me know what you think.
Saw what looks like a bull triangle forming on LTM. Dividend payout is tomorrow Dec. 30th. Based on previous payout dates the stock fluctuated up and down about $6-$8. Cautiously bullish on this unless it breaks below rising support.
Log scale monthly Trend channel from the early 2000's, cloned and stacked on top to form 2nsd channel strong bullish candle in October, with weak follow in Nov and so far this month of Dec 2022. We're at the top of the channel. Technically is a higher probability short since we have 5 waves up from the low in Jan 2021. Near-term: Target would be Fib 13 at...
ENTRY: 480.62 SL: 445.54 TP: 494.93 - ADX>25 - Daily RS +ve - Daily FFI -ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - Breakout on 18 Oct 2022 from downtrend channel. - Looks ready to test ATH. Entry based on following: - Pivot Point: Pullback since 8 Nov 2022 peak to near pivot level (455.31) and reacted well with rebound. - TPB Daily VZ:...
Sometimes, I get questions from members or followers when they see a correction, they think of sell. Well, technically , they can but again it is not a question of buying or shorting only. You gotta understand your own profile as a trader and/or investor. For example, I seldom short stocks but rather accumulate them when there is a correction. Some of the...
I am uber bullish on $LMT #LMT I have no idea about its fundamentals or technical or what exactly this stock does. I just know that #Aladdin indicator has a buy sign on the Monthly timeframe. It is not financial advice. I usually am clueless. And I am usually very very wrong.
This one caught my eyes originally because it was making ATH's during bear market ...ended up getting me in once months back but not working, except for my stop loss at the time , which worked great ;) Yesterday we had our signal , and I was busy focused on a crucial day at work and could not do my typical break near close to consider entries in final 30 min ,...
This is a 5 star breakout, a bit late as a result of news but a 1.5% stop works well here. Tradingview requires me to type more. TA is easy and shouldnt require lots of typing.
Simple risk/reward setup on the break. You can never go wrong with the war machine, unfortunately. The overall market needs to help it along.
$LMT setting up as well. Very similar picture as $GD. Out from big multi month base, and price is now tightening up above the 10 day moving average.
RSI + trend resistance, also lower volume this breakout compared to last time. All bearish signs in my opinion, I expect a dump to 420 area before a potential bounce 👀 drop a boost and follow for more! thanks
Lockheed Martin appears to be in a head and shoulders formation
We just had a huge bull run, and hopefully it continues. This is a solid HOLD in my opinion (or you could trim some gains). Buy back in or increase position when PE <18.