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LMTB34 trade ideas

LMT - MyMI Option PlayLockheed Martin not only landed on a fundamental price level today (The price that it was at before Covid March 2020 Market Crash), but it also acquire roughly a $1B in Volume total, 2nd to JNJ. We like it for the continue concerned across seas that seem to be gaining more and more tension. Whether it's Ukraine/Russia or the worries in Asia, we will be looking to place some CALLs (ITM) to hold at least back to $458 to confirm that a Support to Resistance Conversion is not being completed. If so, Lockheed could potentially lose support at the $440 Levels and move back down below the 410-420 Price Levels Regardless, we will be playing options to create a new positioning moving forward.
NYSE:LMTLong
by MyMIWallet
Rectangle/Stop The WarNeutral until broken. When will the American people wake up? Stop the War we are funding! A lot of folks are getting rich with every dollar we send, and it is not the tax payor! I am not sure how many dollars are pocketed by corruption and oligarchs with each Billion we supposedly send to Ukraine. Ukraine is not a democracy. Put you hands over your ears when the lies are spread per media. No recommendation. US defense contractors see longer term benefits from war in Ukraine!!!! When O'Bama was in office, the Russians took Croatia. It is merely fate that now they are supposedly taking Ukraine. Our country says Ukraine is winning. This seems unlikely but folks will believe the media if they hear it over and over and over. Our mainstream media is used against us. This is only my opinion and everyone has one (o: Somebody is getting rich off this so-called war, and it is not me.
NYSE:LMT
by lauralea
4
LMT PullbackI sold off some of my long term LMT holdings last week before EOY to capture some capital gains. LMT was a big winner of 2022 up over 37% and price was stalling at the All Time High. This morning I received an alert for an opening price spike that created a critical low at 469.35. This is not a spike I would take as a reversal to go long. Rather, I am watching to see if price breaks this low to signal a breakout short. If the short breakout triggers I would look for a pullback to the 50% Retracement of the last earnings rally around 445.
NYSE:LMTShort
by norok
LMT is 1st must-own investment in 2023Lockheed Martin ( NYSE:LMT ) could be trading at $700 (currently $485ish). The bull case continues to unfold as Lockheed Martin benefits from (at least) three major tailwinds. Favorable market and economic developments benefiting value stocks; Improving global defense spending - that's a long-term benefit; Lockheed's ability to deliver the right products and improve its business. Over the past 12 months, all major defense contractors outperformed the S&P 500. Lockheed Martin, which was the second-best performer in the industry. In this case, it's not just the war in Ukraine but also China's pressure on Taiwan and de-globalization, which causes global defense spending to rise. The United States is stepping things up. The new omnibus package includes a 10% defense spending increase to $858 billion. This number is much higher than the 4% increase President Biden originally targeted. Defense contractors are now finally able to move on from the Continuing Resolution. These numbers indicate that the defense budget will have grown at 4.3% per year over the past two years - even after inflation. The average was less than 1% between 2015 and 2021. This is a significant shift in spending. Lockheed Martin's stock price peaked in 2020 when the pandemic hit. In 2023, sales growth is expected to be just 0.8%, after a 2.7% contraction in 2022. These two years are some of the weakest in recent history. In 2024, sales growth is expected to pick up, with higher growth expected after that. Moreover, the company hiked its dividend by 7%. LMT shares now pay a $3.00 per quarter per share dividend. This translates to a 2.5% dividend yield. Lockheed's total return of the past 12 months exceeds 40%. In other words, a lot of good news has been priced in. The company is now trading at 14.6x 2023E EBITDA of roughly $10.0 billion. This is based on its $127.5 billion market cap, $12.6 billion in expected net debt, and $5.7 billion in pension-related liabilities. A forward multiple of 14.6x is everything except cheap. It's a fair valuation given the bigger picture. Needless to say, I believe that LMT is a must-own investment . The company has a stellar business model, anti-cyclical behavior, subdued volatility, and the ability to outperform the market on a long-term basis while providing steadily rising income through dividends. Please feel free to express your ideas and thoughts in the comment section.
NYSE:LMTLong
by SoundsgoodTFtalks
LMT Lockhead Martin ripping higher- but bewareLog scale monthly Trend channel from the early 2000's, cloned and stacked on top to form 2nsd channel strong bullish candle in October, with weak follow in Nov and so far this month of Dec 2022. We're at the top of the channel. Technically is a higher probability short since we have 5 waves up from the low in Jan 2021. Near-term: Target would be Fib 13 at $441 Long-term: Higher target is Fib 21 at $698 Near Mar 2026 Lower Target is Fib 8 at $280 If we see price slowly trend higher over the next few months, we may be starting a new channel
NYSE:LMTShort
by shamgar331
LMT.NYS_Bullish Pullback Trade_LongENTRY: 480.62 SL: 445.54 TP: 494.93 - ADX>25 - Daily RS +ve - Daily FFI -ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - Breakout on 18 Oct 2022 from downtrend channel. - Looks ready to test ATH. Entry based on following: - Pivot Point: Pullback since 8 Nov 2022 peak to near pivot level (455.31) and reacted well with rebound. - TPB Daily VZ: Pullback from 11-16 Nov 2022 was within TPB Daily valuezone and breakout of it on 17 Nov 2022. - Stoch RSI: Crossing up 20.
NYSE:LMTLong
by TRADER-WANNA-BE
Understand correction is for accumulation (not all stocks apply)Sometimes, I get questions from members or followers when they see a correction, they think of sell. Well, technically , they can but again it is not a question of buying or shorting only. You gotta understand your own profile as a trader and/or investor. For example, I seldom short stocks but rather accumulate them when there is a correction. Some of the companies include Amazon Facebook among many others that I have in my portfolio. Lockheed Martin has been on my watch list for a while but for some reasons, it keeps going up and thus I have no chance to buy it. I hope this correction will offers me the buying opportunity that I am awaiting.... There are 2 levels that I expect the price to retest before it rebound again. Let's review in a few weeks time.
NYSE:LMTLong
by dchua1969
LMT , LONG This one caught my eyes originally because it was making ATH's during bear market ...ended up getting me in once months back but not working, except for my stop loss at the time , which worked great ;) Yesterday we had our signal , and I was busy focused on a crucial day at work and could not do my typical break near close to consider entries in final 30 min , but I was able to enter first thing this morning . Not quite a TT's candidate yet because we don't a have gap from pivot highs to pivot lows where the pivot high is at an ATH but good RS and definitely a trade here for me . We do have a nice 1/2 gap however, highlighted . 1/2 is a gap from low to low .. less powerful than a TT's gap but still notable strength. Trade management - standard procedure .
NYSE:LMTLong
by NAK1987
Lockheed Martin Bull PennantThis is a monthly chart of the defense company Lockheed Martin (LMT). As you can see, a bull pennant is appearing. In my experience, I have found that the most valid bull flags or pennants usually retrace back to the Golden Ratio (0.618), then bounce and continue higher (see below chart). When this occurs, the measured move up is typically one full Fibonacci spiral from this retracement level, which usually occurs over a period of time that is about the same as the period of time it took the bull flag or pennant to form (see below chart) The above chart suggests that LMT could climb into the 500s or as high as about 600 by the second quarter of next year. The best time to enter a trade would probably be after the seasonal volatility ends, and after a breakout occurs on some lower timeframe. From a regression standpoint, this bull pennant formed when price rose from the mean to the 1 standard deviation, and retraced to the 0.5 standard deviation. If it pans out, the measured move may reach one full standard deviation higher (to the 1.5 standard deviations). See below chart. To learn more about the log-linear regression channel that I used here, you can check out my prior post that described it in more detail: Obviously, anything can happen. Not trading advice. Please do your own research and trade at your own risk. If you disagree, I welcome respectful comments and charts below. Disclosure: I have no trade position in LMT and do not plan to open any trade at the current time.
NYSE:LMT
by SpyMasterTrades
13