LMT trade ideas
Long $LMT$LMT appears to be breaking out from a multi-month base. It successfully tested the 50 DMA. MACD in bottom track (green circle) shows a bullish crossover. PT of about $284 (~3.7% upside) based on fibonacci retracement to the 161.8% level.
Lockheed Martin locks down $1.38B pact for F-35 fighters LMTLockheed Martin (LMT -0.6%) has secured a $1.38B contract with the Pentagon for F-35 aircraft.
The deal is an advance acquisition contract covering 130 F35 Lightning II craft, for the Air Force (about 23%), Navy (about 3%), Marine Corps (9%), non-Department of Defense participants (38%), and foreign military customers (27%) -- as well as another 110 craft for the non-DoD participants and foreign customers.
$LMT False BreakoutsNot happy about this one after false breakouts. Short TP 235, although maybe more. Note they have beat earnings estimated every quarter since 2013. This cannot continue.
Lockheed MartinLMT is no doubt set to benefit from geopolitical factors including the likelihood of an expansion of the war in Iraq/Syria in an effort to quell ISIL along with escalating tensions in the south pacific ocean. An 8% gain in LMT from jan30 to mar30 is a conservative estimate but is made by taking into consideration previous gains. This tells me that further pullback is likely to come before a bullish trend, or LMT will break previous highs as a result of geopolitical concerns. Either way Lockheed Martin will take off which is a feat the F35 struggles at performing.
$LMT Good up trend, if already long or buying this high wait and see first targets reaction, if hopefully pulls back any till 200 handle possible longs for 400+ targets.
TRUMP Victory-Calling all Hedge Funds - LMT to the Moon-FusionThis is mostly technical analysis based on projected world events.
LMT is a great company period. When it comes to business, if APPL was run like LMT, APPL would be much better than what it is today.
Why?
1) World conflict will intensify - and be dragged on.
2) Fusion reactor will be deploy-able around the continental US in 2020 ( thu this is a rough prediction as GT can not pinpoint the exact date just yet, the date will be a business model driven decision - 80%)
Lockheed Martin is run like a well built machine, aside N. Fusion this company is developing A.I. that is not just impressive, but,.... . And other units are a prime example(like its biological) of how well this company is doing.
TRUMP will increase spending with this corporation.
To the moon Alice!
LMT GETTING READYLMT's long-term trend has been up for a long time and is currently trading at a 10% discount from its highs. It held its weekly support of 234.75 and broke out of its short-term resistance of 244.04. It may retest the 234.75 zone but now would be a good time to begin accumulating. 9/23 B4 close
Uptrend / Tendencia AlcistaDesde el 26/01/2016 el precio de LMT se encuentra en una tendencia alcista que persiste hasta el día de hoy.
LMT - 3 years channel - BUY target $2203 years in a channel. Buy at support, sell at resistance, buy again at support, sell again at resistance... Or just buy and hold? I will definitely buy some at $220.
(D) Narrow bearish channel from R2 pivot and through R1 pivot.Price nearing ema50, RSI and MACD have room before exhaustion, Volume flushing, OBV breaking bullish trend.
It has yet to form a bottom.
Stalk your entries and obey your rules.
Consolidation is Over!!!The consolidation trend has changed and now the target is 240. Support is 200. I'll give it 2 weeks to hit the target. 2/25 after close
LMT - Strong R/S. GAP DOWN Opportunity to BUY at $202-$205Stock is very strong relative to overall market. Closed September '15 gap on Tuesday's huge downside gap. The gap suspiciously followed a strong earnings number and a positive value deal announced. Institutional ownership very strong and a lot of fund money wants in but there's very little stock available. Tuesday's conspicuous gap to the downside is possibly a Specialist attempt to create the volume to start crossing some large institutional tickets on the book. I would be a buyer of this stock between $202-$205 with an upside short term target of $212 and $217. Stop below $202 area (dealer's choice)
LMT Short [Monthly]Chart is not detailed I there aren't that many channels to be drawn but its a pretty solid bet
Global Mitary Events Fuel LMT GrowthUnrelated to any sort of technical analysis but I've noticed that any large-scale global military event seems to be a catalyst for growth in LMT as shown by the markers indicating the dates that the respective events began, which are followed by a long uptrend. Although LMT holds no contracts within Russia, Ukraine or Iraq, these military events create unrest globally and fuel defense spending. Keeping an eye on the news, especially with the recent ending of the Russia/Ukraine cease fire. Long LMT.
