Correction as expected, but long-term concerns us. With things going on in Ukraine and how things are getting crazy in the South China Sea, wouldn't be surprised to see LMT to play out as expected. Keep a close eye on this one and world events.
On 7th March 2022, this company reached an all-time high of 479.99 USD. However, it struggled to move higher after that and started to exhibit choppy price action. Over the past few weeks, it formed a range within which it tends to move; this rectangle pattern spans between 429.32 USD and 449.58 USD. We will monitor the price action of LMT as we anticipate a...
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...
War profiteering A war profiteer is any person or organization that derives profit from warfare or by selling weapons and other goods to parties at war. The term typically carries strong negative connotations. General profiteering, making a profit criticized as excessive or unreasonable, also occurs in peacetime. An example of war profiteers were the...
Let’s look at the recent news with Ukraine. This is example is not meant to lean in any direction of morality as much as it is meant to show how news hints at the direction of the markets. - The US and EU has been warning of possible Russian invasion since December 2021 - Biden publicly proclaimed this warning multiple times in January When you watch the news,...
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...
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-$442.00 (2nd) Estimated Duration to Target: 103-110d (1st), 211-221d (2nd) Contract of...
LMT price action this week has begun confirming support at the 50% Retracement of the 2021 bull trend. Price has slowed down and held it for multiple days with a volatility spike adding confirmation yesterday. It is now setting up for optimum short term risk to enter.
NYSE:LMT long setup: Entry above Friday's high at 384.89 Stop Loss under June 29th low at 372.75 Profit target 442.03 Risk/Reward 4.71
Hello, I focused on RSI and it seems N.D with a double top setup. We should watch MAs at this point. Pink is ma20 and blue is ma50.
Above the daily green cloud, looking for a move higher. Simple continuation setup for a day trade or weekly.
See chart, Possible reversal. Momentum increasing. Should benefit from the next stimulus containg airlines aid packages. It may take some time since the whole market is in the worst shape right now and looks like it really want to correct. If it doesnt LockeedMartin will fly again. PT: 357$ PT extended: 380$
LMT 12day, Weekly, Daily Set-up ENTRY = 320 add = 305-266 1st Target = 354 2nd Target = 375 3rd Target = 400 HODL Target = 440+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form...
Lockheed Martin Looks like it be a good channel trade for a short swing, Trade it till it breaks, got a feeling it will break to the upside soon. Weekly chart looks like it's finding good support off the 150 MA and a break above the channel is very bullish.
We have been doing so well on AEROSPACE AND DEFENCE ETF and happy to say it has just broken 2 majpr resistance levels in 1 session! We are keeping our buy positions until it reached record highs and will be keeping an eye on this for the future.. for a long time Fundamentally, aerospace and defence are industries that have a bright future and are becoming...
Lockheed Martin said it will compete to build the Missile Defense Agency’s Next-Generation Interceptor designed to protect the homeland against intercontinental ballistic missile threats from North Korea and Iran.