Will shortFirst signs of weakness in a long while. Broadening - 5 point - SHS making up larger SHS. Technically, would be something.
4LMT trade ideas
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
Lockheed approaches dangerous highsThere is a risk of a mid-term reversal for this stock, despite pretty nice business results.
ARE INVESTORS PREPARING FOR WAR BREAKING OUT?What has Bitcoin and Lockheed Martin got in common? I show how both have been resistant in recent weeks to corrections in the S&P500, and one possible contributing factor. Why is any of this important? Well - war is a serious systematic risk to all traders and investors. (See disclaimer below).
Am I saying there is going to be a war? I am NOT! Am I predicting war? I am NOT !
So what I am saying is:
1. Fears of war - real war - could be one important contributing factor among several others, that drives people to put there value into a very volatile instrument such as Bitcoin. In other words investors and small people are so scared that they willing to sail very 'unpredictable seas'.
2. The gap up on Lockheed Martin at 23rd April was not closed. Price began following a parabolic curve that was resistant to the correction in the S&P500.
3. Lockheed Martin is without doubt about war. This is where the US Government will push their money when preparing for a war. Preparation for war does not mean war will happen!
4. You and I won't be told by the US Govt, ' Hey guys, we're going to war... get ready. '. These are very deep decision-making issues that happen well outside the knowledge of the public.
5. The gap up on 23rd April on LMT may be your only signal of what's possibly coming.
Previous post in April below:
FAT DISCLAIMER: This post is speculative. It is labelled 'long' only because the technical picture suggest further price advancement in the longer term based on the current 8H trend analysis. This is not advice or encouragement to trade securities or any other instrument. No liabilities accepted for your loss should you make decisions or feel influenced by this post. In other words, sue yourself if you lose your money.
Brink of War?The charts never lie..
Conflict between the West and Iran is brewing.. German jets go down an the media spit out instantly that two high tech military planes crashed into each other (yeah fucking right).. as certain parts of the internet go down (cloudflare and other services). Oil attack after Oil attack.. Digital attacks on Iran already targeting military objectives.
S&P500 looking weaker and weaker.
Bitcoin has been running parabolic for 3 months straight now.
Lockheed Martin about to break out (military contracting/high-tech weaponry defense company) ~ most likely due to Iran tensions / Brink of War?
Gold is absolutely surging now, which I've been saying to watch since Q3 2018. Gold runs during time of uncertainty, usually while S&P500 finds its triple top and retraces.
It's like watching a horror story in slow motion.
The US war machine is in a trade war with China.. Iran is China's biggest exporter for Oil.
Economy looks fucked. Don't get into too much debt hey?
There's a reason banks are barely lending at the moment.
$LMT Martin Lockheed, pullback to launch the rocket? #LMT$LMT Martin Lockheed, pullback to launch the rocket? #LMT
$LMT Martin Lockheed, pullback to launch the rocket? #LMT
$LMT Martin Lockheed, pullback to launch the rocket? #LMT
LMT Tripple TopHello Traders,
Points to consider,
- Possible right shoulder forming if this is the local top, confirming an inverse head and shoulders
- A retracement to golden fin lines is highly probable
- Lower highs on the RSI
LMT can also have a blue sky breakout if this triple top does not play
What are your thoughts ?
Show me the charts, I'll tell you the news: Iran - US warLockheed Martin stock has often been a leading indicator to significant military escalations involving the United States. Now at the brink of a breakout, we could be dangerously close to a major geopolitical disaster.
My moral compass prevents me from profiting off of humanitarian tragedy and the blood of innocent human beings that will be spilled as collateral damage due to the actions of two arrogant regimes. So I will not be investing in this stock given the circumstances but I can't help but wonder how much John Bolton and Mike Pompeo and war hawks alike secretly own.
LMT BreakoutLMT has now tested upward resistance 4 times, each time the resistance weakens and the price action is more likely to breakout There has recently been a breakaway gap in the stock. I'm looking for another gap over resistance to create a runaway gap. Target 1 will be first layer of resistance and Target 2 will reach resistance at all time highs. Setting stop loss
$LMT Getting a little tired, good entry point on any pullback.As the world becomes more and more hostile , weaponization has intensified, in particular the middle east nations, seemingly unable to have a good relationship with any neighbours. Add to that the pressure Mr Trump has put on such countries to buy from American suppliers, the future of NYSE:LMT is very bright. Within the new pipeline is the new DEFIANT helicopter which is designed to fly at twice the speed and distance of conventional competitors, it really will revolutionise that sector of the industry. Such new developments just add to the very long order book for LMT products.
