This is a monthly chart of the defense company Lockheed Martin (LMT). As you can see, a bull pennant is appearing. In my experience, I have found that the most valid bull flags or pennants usually retrace back to the Golden Ratio (0.618), then bounce and continue higher (see below chart). When this occurs, the measured move up is typically one full...
Looking at the LMT Lockheed Martin options chain, i would buy the $405 strike price Calls with 2022-11-18 expiration date for about $9.50 premium. Looking forward to read your opinion about it.
Wait for price to come at any side of channel boundary then take position (shirt/long), Take position only after confirmation, price may breakout of channel, in this case also we can take long position if upside breaks out.
Watching the 3 mo and 2 year very closely. I think this is an indicator for a recession and not the 2 and 10's because it shows more that the short term risk is outweighing anything mid term. Everything is is wishy washy with definitions now a days lol but this is going to be the icing on the cake for confirmations. Looking at the dollar strength we had a little...
NOC has been consolidating below the 490$ resistance since march. Technical Indicators are nowhere near overbought, while price action contracted. Once it expands, there could be a massive pop upwards, since fundamentally there are just too many good things to ignore. Stock looks like a prototypical William O‘Neill break out candidate. I‘m long. No...
Lockheed Martin Corporation ( NYSE:LMT ) Sector: Electronic Technology (Aerospace & Defense) Market Capitalization: 117.803B Current Price: $442.69 Breakout price: $446.45 Buy Zone (Top/Bottom Range): $439.40-$426.40 Price Target: $474.40-$485.30 (3rd) Estimated Duration to Target: 70-73d (3rd) Contract of Interest: $LMT 9/16/22 445c Trade price as of publish...
Lockheed Martin (LMT) NYSE:LMT made a stand at long-term support of 335. Although it is beneath the long-term pennant, the bullish engulfing candle on Wednesday, September 22 indicates a potential continuation candle back inside the pennant. If this occurs, the potential for a breakout into the October 25th earnings is very likely. Not to mention, the defense...
LMT has been a strong name due to the conflict in Ukraine (defense) However alongside with the entire market, it has trading lower. This is showing a good set up below Friday's lows. Ultimate target (ideally) $400
Inverted head and shoulders on the $ITA. Someone is thinking we may be ramping up on weapons...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Here are 5 stocks that could profit from the Russia Ukraine Conflict! Intro: The Russian-Ukrainian conflict, which began on November 21, 2013, following the Ukrainian government's decision not to sign the association agreement between Ukraine and the European Union, is a diplomatic and military conflict between Russia and Ukraine.17 The conflict was...
Raytheon Technologies Corporation ( NYSE:RTX ) Sector: Electronic Technology (Aerospace & Defense) Market Capitalization: 142.598B Current Price: $95.27 Breakout price: $94.60 (hold above) Buy Zone (Top/Bottom Range): $94.50-$89.40 Price Target: $99.80-$100.60 (1st), $126.00-$127.40 (2nd) Estimated Duration to Target: 48-52d (1st), 540-560d (2nd) Contract of...
Lockheed Martin Corporation ( NYSE:LMT ) Sector: Electronic Technology (Aerospace & Defense) Market Capitalization: 107.893B Current Price: $396.19 Breakout price: $396.00 (hold above) Buy Zone (Top/Bottom Range): $384.80-$369.85 Price Target: $416.00-$420.00 (1st), $434.00-$442.00 (2nd) Estimated Duration to Target: 103-110d (1st), 211-221d (2nd) Contract of...
ENGlobal Corporation (ENG) has been awarded a $4.4 million contract by the Defense Logistics Agency (DLA) to provide Automated Fuel Handling Equipment support. This is quite bullish news for a stock that has a Market Cap of only 42.602Mil. My price target for this year is the $3.5 resistance.
Department of Defense Awards C3 AI $500 Million on a new five-year Production-Other Transaction Agreement. The stock bounced from all time low. My price target is the $47.5 resistance.
Keeping it short here, PLTR has been getting government contracts recently. Defense and supply chain efforts are important to alot of things right now. A price of $22 would be a bit above 38% retracement of the previous high. Let's see what happens! We are still in a good are price wise and has given us more of a discount I believe since my most recent post. Not advice.
KBR is positioned well in a variety of markets from aerospace to sustainable technology. As humanity begins to look beyond Earth, I believe KBR will be there to supply..