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!
LOM trade ideas
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
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)
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.
LMT Lockheed Martin just hit a ceiling Dec 23rdAll indications I see are showing a set up to $177 - 176 zone. Supply has been coming in above $178 and now on approach to $200. I am long LMT. I am taking off a portion of this position Monday morning. I wrapped up early Fri and didn't catch my alert in time even though my #2 Excess Supply signal calculated Friday morning. My first stop is in the $160's. My avg is $100 between $130. LMT Lockheed Martin is one of my largest holdings. At 3 absolute deviations above a 15 year regression, the statistical gods are not with me. Trim & Trail kids.
LMT ready for breakout or double top?LMT has shown strength in the past week despite the choppiness in the market. However, with the negative divergence in the RSI, and anemic volume, I would be careful to see whether if this is a double top or if it can gather enough momentum to make new highs.
I would go long above 108.55 only if I see volume expansion, but would not short until it breaks the ascending trendline.