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LOCKHEED MARTIN CORPLOCKHEED MARTIN CORPLOCKHEED MARTIN CORP

LOCKHEED MARTIN CORP

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LMT trade ideas

Cup and Handle Earnings 4-20Earnings 4-20 BMO. LMT has broken neckline of an inverse head and shoulders pattern as well as broken up from a bullish falling wedge. Long term high is 442.53. Yearly high is 417.62. There will obviously be resistance overhead. This is not a yearly cup and handle pattern. To break from a yearly cup, LMT would need to reach a bit over 417.62. Negative volume is high. Positive volume (volume on up days) is waning. As a rule smart money buys on down days and can be represented by negative volume. A cup should look like a rounded bottom. The handle is formed after price either stalls and creates a horizontal consolidation zone, or comes down to create the area of consolidation. The handle is like price taking a "breather" This handle is not super long yet. Handle lows are not written in stone but in a best case scenario, provides support. Consolidation zones provide support as a rule, and the handle is not an exception to this rule. Levels of support and resistance were made to be broken though. AMT is coming back to form the handle now. A Scallop pattern looks like a cup but has no handle. Break out level is at the left cup high. I have noted this pattern often comes back down though to form a handle. It can be a while though before price comes back down to form a handle and then it is no longer a scallop pattern and may morph in to a cup and handle pattern (o: The left side of a cup is the sell side and often you will see increased volume due to selling. The right side is the buy side and you want to see increased volume due to buying on the right side. You also want to see increased volume when price breaks out as well. Volume often chills out during consolidation. There are different ways to calculate cup and handle targets but I use the high of the left side of the cup and add a bit to that to clear the resistance that resides there as long entry level. I take the left cup high and subtract the cup low to get cup depth. Then add this to what I have deemed to be break out level using fib levels. Sometimes I just multiply the depth by .38, .62, and .79 to get targets 1. Targets 2 which are long term, I play by ear but I use the 1, 1.27 and 1.61 if it seems the security could possibly make it to those levels. Not a recommendation
NYSE:LMTLong
by lauralea
LMT LONG/ Lockheed Martin is a giant of advanced defense industrIt is not a secret to anyone that Lockheed Martin participates in the production of the most important American warplanes, which are the backbone of the American air force, such as the F-22 and F-16 It produces the UGM-133A Trident II nuclear missile It is the most important line of US nuclear defense It produces many aircraft, missiles, advanced electronic systems and satellites And I think that this is the company with the unique technology that it owns. I expect it to continue going up and back to the technical analysis clearly rising. And financial analysis also gives a bullish signal By going back to history, you will notice that the company is a strongly bullish trend
NYSE:LMTLong
by TheMasons
LMT Long Disclosure: I do own shares in LMT and this is not financial advice. LMT is approaching 0.618 Fib retracement level from Pre Covid High to Covid Low. MACD Cross on the Weekly and looks like the Monthly will have a cross over shortly. Using Fib time series analysis as well to anticipate price moves near the vertical lines. My time horizon is long-term so I am looking to possibly close the position at 1.618 Fib $551.56 (48.64%). LMT is now trading above 200-day moving average now $364.70. Fundamentals NYSE:LMT Currently trading at 13.23 Forward PE R NYSE:LMT atio 2.8% Dividend Yield as well so you get paid to wait on this trade. Also assuming a 8.5% discount rate and 3.5% perpetuity growth rate the fair value would be $414.21.
NYSE:LMTLong
by robertpeterwood
Buying on previous week's highI am waiting at last week's high to buy if an opportunity arises. LMT has been accumulating for a long and underperformed SP500 big way over the long term. In the short to mid-term, LMT is catching up quickly and can grow beyond. On the daily timeframe, it is clear that the two last red candles were just a test for if we can hold the current price above the accumulation range. It looks like this: Regardless of technicals, Ukraine Twitter appears to have been full of photo-evidence of heavy weapons being moved to the borders with Lugansk and Donbas over the last two months. I will leave this without further comment.
NYSE:LMTLong
by OrcChieftain
Lockheed profit target 25%I picked up some Lockheed Martin today, because both value and sentiment on the stock are looking too good to resist. Value I estimate Lockheed's forward P/E at about 12.5, which is really cheap for a megacap. Forward P/S is 1.5, and forward dividend yield is over 3%. I estimate Lockheed's PEG ratio at about 2, with the annual earnings growth rate sitting near 4%, the sales and dividend growth rates closer to 2.5%, and the free cash flow growth rate near 5%. These are pretty great numbers. Lockheed has about 23% upside to its median price multiple of the last 4 years. Its main competitor, Boeing, has been hemorrhaging money like a catastrophic head wound hemorrhages blood. Meanwhile, Lockheed's been enjoying tailwinds from recovery of TSA throughput numbers, proposed acquisition of Aerojet Rocketdyne, and announcement of a large UK military budget this year. Sentiment Analysts give Lockheed an average rating of 7.8/10, a solid "Buy." This rating has recently improved a few points. S&P Global gives Lockheed's fundamentals an average score of 77.25/100. Its ESG score is about average for its industry. Open interest from options traders is in very bullish territory, with a 30-day put/call ratio of 0.5. TradingView's technicals-o-meter is flashing "buy." The average analyst price target for Lockheed is more than 15% above the current price. Trading plan I sketched out a tentative view on how Lockheed might move from here. We're sitting right at a resistance and hopefully about to break out. If we get through resistance here, I'm looking for a fairly decisive move to about $394.50. From there, I'm thinking we dither for a while. A lot will depend on conditions in the larger economy, but with vaccinations, stimulus checks, and geopolitical tensions, I suspect Lockheed will eventually break out toward its all-time high. If it hits my second target, the profit from the trade will be about 25%. I'm hoping it gets there by the end of 2021.
NYSE:LMTLong
by ChristopherCarrollSmith
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