LMT looking for $320ish
Updated
Ok, I don't trade this stock. Earlier in the month in meditation I heard "Lockheed downgrade on 21st".
So, regardless, today it's breaking to the downside with a daily squeeze and I like the odds to the downside. My dowsing says a 17% drop is in the works.
Let's see if there's any news or just some dumpage. Or, perhaps it's all a dream! Peace.
So, regardless, today it's breaking to the downside with a daily squeeze and I like the odds to the downside. My dowsing says a 17% drop is in the works.
Let's see if there's any news or just some dumpage. Or, perhaps it's all a dream! Peace.
Note
LORD HAVE MERCY! Ok, this is too legit to quit. I wasn't kidding when I say I don't trade or really look at some of these stocks. It's now months later and I thought it would be fun to do some time travelling and see how these calls shook out. My title on this trade was looking for $320. It wasn't a quick and easy ride, but the LOW on 2/1 is $319.81. She promptly reversed with a gap up the next day and made it back up to the 390s.
High was 402.38 to low 319.81 and you get a 20.5% move in less than 6 months and you could've taken a shot long there and ridden her up. I really should meditate more!!!
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