Take-off for Lockheed Martin?
Updated
Speculative long trade. Price is being supported by
- SMA 30 + 50 and EMA 50
- 50% fib retracement
- prior local high
- seasonality is rather bullish in the 1st half of this year
- global situation seems to demand rather the products by LMT
Comment
I have lowered the TP as indicated. Not that the ATH doesn't get challenged, but my strategy involves a faster money turnover.Trade closed: target reached
Take profit reached at 488.89 USDDisclaimer
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