LMT trade ideas
LMT SMA Cross - Setup for Lower Bollinger BandExpecting SMA cross to push LMT right into resistance at 370.44 and straight into 363 which is around anticipated lower Bollinger Band. This will be a good place to reload.
$LMT regretfully shortIf the S&P 500 Breaks down this week... let's entertain that the stock market catches up with the harsh reality. LMT might be in a special bubble of its own but lets at least imagine we reset with reality for a moment at least.
LOCKHEED, Showing Downside Potential, Big Rising Wedge Forming!Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current price-structure and what we can expect the next days, hours and weeks considering lockheeds overall market-situation. As already mentioned in previous analysis the stock-market is full of contradictory signals within the top large-cap-stocks where stocks looking rather bearish than bullish while others already making new highs and taking out the old-established all-time-high after the corona-breakdowns shown this year it was an emerse opening alter for the various companies where it crystallized out which companies survive and which not like it was the case in previous stock-market-crashes in the past. A significant factor, in this case, was the adaptability to the corona-outbreak, the resulting lockdowns, and the capacity to develop during that crisis as somewhere clear winners there where also companies which hit it hard and now bathing out the economic damage which happened in the real economy.
As LOCKHEED is one of the major arms, aerospace, and defense companies this is not a high fundamental fact which is playing an overall bearish role during the corona-crisis as more and more protection is needed can increase by the time but it also can decrease when the situation changes. But when considering the technical side of things we can measure important and meaningful signs within LOCKHEED at the moment which should not be ignored. As LOCKHEED recovered a little bit from the heavy corona-breakdowns the marginal uptrend begins to struggle now and there is coming more and more bearish development into the landscape with some higher bearish volume. What is playing another big role currently is the possible bearish rising wedge formation the stock currently forms which you can watch marked in blue within my chart, such a formation is normally a bearish one which confirms to the downside when the bearish wave count confirmed and the stock is closing below the lower boundary.
While the stock found some support at the 327.5 level currently we can expect a bounce from here to visit some higher levels and form the final wave E of the bearish wave count you can see marked in my chart, when this scenario has confirmed there is a huge bearish confluence cluster at the upper boundary marked in red in my chart where bearish pressure will show up with a high amount of probability. When this confirms properly the rising wedge can be confirmed in the schedule to show more downside and confirm it. This will be a good environment to open a possible short-position with targets way below the lower boundary, remember that this has to confirm properly. The short-position can be opened with an aggressive entry directly in the rising wedge when the first bearish signs show up after the wave count has completed or with a conservative entry after the lower boundary has confirmed to the downside although the latter plan will be the smarter to execute in this case traders should decide on individual risk-preferences.
This current outlook with LOCKHEED is playing into the main theory that the stock-market-crash and bear-market are not over already and that main parts of the market just trading into a huge bull-trap which will confirm when the bearish pressure increases again. The world and economy has still not recovered from the heavy breakdowns and volatile movements seen this year as the real economy is still not at a healthy level where it confirms the decent stock-market-rally and the protests against grievances we face these days going on in many countries and do not seem like they are stopping rightly tomorrow. This means compared to the stock-market that the bearish pressures can increase again when there is not a serious change in the overall current condition of real economy offenses. Therefore the bearish scenario also in comparison with the whole other market should not kept by the side this means to do not get caught on the wrong foot and take advantage of possible opportunities when they arise either on the bullish or bearish side.
In this manner, thank you for watching, support for more market insights, good day everybody, and all the best my friends.
Fortune is like the market, where, many times, if you can stay a little, the price will show direction.
Information provided is only educational and should not be used to take action in the markets.
Lockheed Martin #LMT "struggling"It needs to get above $384.96 which is also above 50SMA to continue its bullish trend.
12 months Consensus Price Target: $439.31
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Please don't trade according to the ideas, rely on your own knowledge.
Buy Lockheed (NYSE:LMT), Entry 361.30 SL 354.80,valid till 17JunLike other stocks (check out idea published on Boeing NYSE:BA by visiting our ideas) in Aerospace and Defense industry, LOCKHEED (NYSE:LMT) also has some path to move further up.
Coordinates are:-
Entry: 361.30
SL: 354.80
Target: trail the price
Valid till 17th June 2020
Gain to take on LOCKHEED MARTINHello traders ,**DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. LOCKHEED MARTIN is in a big moment, strong bullish signal following a refusal of buyers on a large volume.
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Are We Going Sky High? ✈️ | LOCKHEED MARTIN ($LMT)🚀 Lockheed wasn't Immune to COVID turbulence, but from a long term outlook LMT is likely a great investment opportunity. Earnings have been strong, contracts have been impressive, and the chart has been mega bullish over the long term (despite being subject to market-wide corrections like COVID). For all these reasons and more, let's look at some long term levels for investors who want to soar to new highs with LMT.
The first level we want to look at is S1. This range consists of a bullish S/R flip and has generally acted as major price pivot point since 2018. A dip to this level provides a perfect entry for long term investors.
The second level to look for is R1. The logic here is that if we see bullish continuation, then we'll need to look for a pullback entry. A rejection at R2 and retest of the R1 currently bearish orderblock should provide some a decent entry for continuation higher.
The logic is the same regardless of which entry one gets, the logic being that LMT is strong in terms of both technicals and fundamentals on a longer time frame and so we are looking to buy in after retesting key levels. Using this tactic allows traders to limit risk (as they can use stops placed below these levels if needed) and helps long term investors to get an attractive price on their buys.
Good luck!
Resource: www.fool.com
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Buy LMT on retest of the trendline or on breakout LMT has solid financials
Military Industrial Complex vibes are tingling here
I'm looking for buying opportunities on two signals; the retest of the 50% in green / the black support trendline and/or a breakout signal if we see it breakout of the correction phase.
Manage your own risk and much love
gl hf
xoxo
snoop
LMT buy and hold for about 120 daysLMT following same pattern as late 2019. LMT could go up to $435 by following this pattern. You may have to hold it up to 120 day for it to reach that high. Your decision but it proved it can do this last year.
Lockheed martin going for another downsideStrong bearish engulfing rejecting key SMA levels and 78.6% Fibonacci level is signalling a strong downside.
$LMT Last moments before a breakdown?Even in a pandemic dear old LMT fights back strong with a series of new contracts and it keeps touching the 400's trying to break out again but how much further can it go in this current climate? I'm still on the side of the folks talking of another 40% correction as per the great depression. Let's hope we kiss 400 before cooling off in the 320 range
LMTwe have two senario:
if the market forcefully breaks the 0.78 fibo level there will be a probability of going towards the 0.61 fibo level.
and if the market breaks level 1 fibo with force there will be a probability of going up more.
if you liked this idea or have your opinion on it, write in the comments.
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
Sell LOCKHEED MARTIN [$NYSE: LMT] | 5.3.2020 | Eric ChoeI'd appreciate a like and comment to encourage engagement across our community.
My name is Eric Choe.
I am a professional trader with over 7 years of equities and cryptocurrency experience.
I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world.
I left my high-paying salary as a management consultant in early 2018 for a career in investing and trading.
I've been a full-time equities trader ever since.
I give detailed analysis on TradingView.
Over the past 7 years, I've dedicated my time and effort to helping others learn about the financial markets.
All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice
