lmt Cant decide what wave we r in - is it an impulsive wave 1 or still in the frame of correction with wave Y?
LMTB34 trade ideas
LMT - DAILY CHARTHi, today we are going to talk about Lockheed Martin and its current landscape.
Rare earths are a critical part of laser- and precision-guided missile technology of Lockheed Martin, also each F-35 Lightning II produced by the company requires 920 pounds of rare earth materials, so the news coming from China might help Lockheed to increase their profit margins and help the company to face eventual headwinds.
China that controls about 90% of the market, and 70% of the global production of rare-earths, said this month that it's raising its annual mining quota to 132,000 tons, representing a 10% rise in comparison with last year. This decision's poised to have a significant impact on the markets due to the relevance of rare-earth is one of the most relevant elements to the modern industry, essential to the production of a wide variety of products. To have an idea, let's have a quick look at their uses on the industry:
Neodymium - Used to make powerful magnets that can be use on the many products from computer hard drives to motors for electric cars
Lanthanum - Used to make audiovisual components like camera lenses and other elements that work with light on the industry like cinema projection and illumination.
Gadolinium - Used on the fabrication of Television screens in the medical industry by been utilized in MRI and X-ray scanning systems.
Cerium - Used in the manufacture for cigarette lighters, as the Lanthanum it's used on the cinema industry, this element its also used by the crude refinery in its refining process.
Praseodymium - Essential to producing aircraft engines and along with magnesium, can create high-strength metals named Mischmetal.
Yttrium - Used in white LED lights, lasers that can cut through metals, also it's used in making of microwave filters for radars, and it's used to a catalyst in ethene polymerization.
Terbium - Used in mercury lamps and to improve the safety of medical x-rays and used in laser devices.
Europium - Used in printing euro banknotes, low-energy light bulbs to give natural light, also it's excellent at absorbing a neutron, valuable to control rods for nuclear reactors.
With this scenario in mind, we can weight that companies and other types of assets, that have a high level of dependence on this material could have relief on their profit margins during this year that China keeps this level of production. This relief might mitigate eventual headwinds that these assets may face and boost possible bullish sentiments.
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LockheedRejected 400 level. Major Whole Level. Tested again and created new support level which has pushed up nicely from. Overall in strong up trend with potential of breaking above $400 if fundamentals remain strong.
$LMT Buy Signals In Lockheed Martin Corp.Entry level $390 = Target price $420 = Stop loss $383
Indicators bullish with room to run higher.
7&12 ma's crossing has proven to be a good buy signal in the past.
A move about the .65fib would be a good buying opportunity.
P/E ratio 18.35.
Yield 2.49%, reasonable.
Company profile
Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defence systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment offers design, manufacture, service, and support for a variety of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defence systems; radar systems; the Littoral Combat Ship; simulation and training services; and unmanned systems and technologies. The Space segment comprises of the research and development, design, engineering and production of satellites, strategic, and defensive missile systems and space transportation systems. The company was founded in 1961 and is headquartered in Bethesda, MD.
LMT above $360 is bullish on the 1 WNo reason to chart this one. Bull flagish pattern should the $360 (previous resistance range now flipped over to support) range hold
Buy opportunity for 1 month out CallsRSI looks to be reversing and solid BORC signals for a reversal.
Picking up a nov 15. $375-$372.5 Debit Spread
Will shortFirst signs of weakness in a long while. Broadening - 5 point - SHS making up larger SHS. Technically, would be something.
LMT BEARISH DIVERGENCEHello all!
Lockheed Martin is showing higher highs in price but lower highs in volume, RSI and MACD. Look for support on the 200W EMA. It is always possible that price continues to move to the marked area above at $420 for one more push up. Assuming the top is already in, the 0.618 retrace would be in confluence with the 200W EMA.
LMT IS ON THE WAY $362My previous recommendation worked ideal. Now we see that NYSE:LMT recently buyers has broken resistance line and now skyrocket testing previous high around 362.
My recommendation:
1. BUY 349.60
2. SELL 362
3. SL 343.
Middle east could send LMT much higher. AVERAGE ANALYSTS PRICE TARGET $395
AVERAGE ANALYSTS RECOMMENDATION Overweight
P/R RATIO 19%
SHORT INTEREST 1%
COMPANY PROFIL
Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. The Aeronautics segment researches, designs, develops, manufactures, integrates, sustains, supports, and upgrades advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defence systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support and integration services; manned and unmanned ground vehicles; and energy management solutions. The RMS segment offers design, manufacture, service, and support for a variety of military and commercial helicopters; ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defence systems; radar systems; the Littoral Combat Ship; simulation and training services; and unmanned systems and technologies. The Space segment comprises of the research and development, design, engineering and production of satellites, strategic, and defensive missile systems and space transportation systems. The company was founded in 1961 and is headquartered in Bethesda, MD.
Lockheed Martin, F22 going for a a landing correctionLMT has been a raging bull for a period of time and based on the technicals, the stock is believed to be heading into a bearish correction towards the indicated support level.
-Rising wedge formation
- Bearish engulfing at the TOP of the trend
- Stochastic overbought
- RSI bearish divergence
** Lockheed Martin ** Short Term (SHORT)LMT stock has been on a serious charge over the past few months with little push back.
Most of the run's up have been followed with pullbacks between 2.5% and 5% before continuing to rise.
Look for good entry zone taking profit from around 3.5% - 4% range.
War must be good for business, LMT Target 385-390 USDHey All,
When wall street and some fo the major NYSE and Nasdaq listed companies are experiencing a slight turmoil, Lockheed Martin (LMT) stands head and shoulders above them all which hints that there might be stuff in play that might not be obvious to us, mortals. Yet the expectations are priced in and it looks like USA's war machine is being lubed up right about now.
Wall Street was expecting big things from Lockheed Martin's (NYSE:LMT) first quarter, and the company more than delivered. Lockheed reported earnings of $5.99 per share, easily beating the $4.32 consensus estimate and well above the $4.02 per share it earned a year prior. The company also reported a massive backlog and stronger-than-expected operating margins, and raised its outlook for the full year.
Another year ahead and investors are again expecting great things from LMT and judging from the price trajectory, and overall strength of the trend I suspect that we will see a surge of the company's stock price and new levels of 385-390 USD per share.
Keep that war machine lubed up and enjoy your earnings!
Cheers
Archie
