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.
