LMT looks ready to fly againLMT now in my buy zone and also near diagonal support. Expecting a strong move higher in the next 1-2 weeks. Hoping it can break through the upper resistance this time. Thought I could wait until after close to post this but it bounced hard off 350 at the end of the day.Longby InvestmentSentryUpdated 0
Lockheed Martin (LMT)LMT dividend yield is above average at 2.9% and has been increased for 19 years in a row and is the largest manufacturers of military defense systems sold in the United States and foreign countries. Maybe the election hurt it with the Dems who historically spend less on defensewe belive that the next earnings call on 26 Jan. will help to shed some light. Earnings expected at 6.41 USD per share. "A" rating from S&P. And so now ask yourself if you believe that the US will spend less dollars in the upcoming years with China already waiting in their front yard. Longby mgiuliani335
$LMT - february buy the hype Areas of buyer support: $336.18 $344.56 News: Cathie Wood is buying LMT Big volume of calls bought for 2/19 @350 strike Grabbed $345 strike, just 1 call option for 2/19Longby katblat1
Strategy on how to trade Lockheed MartinHey guys! Hope this analysis finds you having an incredible week, and ready for an even better weekend! Please kindly like this chart if you found this content helpful! Ok let's dive in! Lockheed Martin is still officially in a bear market. It is still 30% away from its all time high, with the technicals on the weekly indicating very tough days ahead for LMT holders. Tale of two stories here when it comes to very good fundamentals but very poor technical indicators. Ratio Time • P/E 14.64 (Very attractive) • Forward P/E 13.08 ( Boeing Forward P/E is 156.29 !!) • P/ FCF 27.57 • Debt/Eq 2.56 (Normally I would say this is really high in a different sector, but money is cheap right now and these guys are in a field that requires massive capital output...this is why if I see a level this high in a utility provider I am ok, but if I see a level this high in a financial or tech I run!) • EPS 23.4 • EPS this Y +25.8% • Sales Q/Q +8.7% • ROE +171% (again justifies that debt/equity level as they use debt very...prudently) • ROI +47% • Gross Margin 13.3% • Net Margin 10.2% (Stunning) ..especially when we see the rise in price recently in Boeing . Boeing has a 2.9% GM and a -7% Net Margin guys. Yes BA are losing money with a forward P/E of 156?? Holder Metrics • Insiders Own 0.08% • Insider Transactions over past 3 M (0.00) • Institutions Own 77.9% • Institution 3 Month Transactions -0.42% So what do we do when the technicals say run and the fundamentals say buy? We listen to both! The strategy I like to take ahead a potential trade when I see two conflicting tales are either run. Or wait for the technical indicators to display signs of a potential bottoming pattern. Next Chart will display pivot points . Finding a position at a lower price heading into the mean with good underlying fundamentals is a much better approach, although it takes patience and time as I think the idea of playing a short off the TA or a long strictly off the FA would be... short sighted. Best tactic is to embrace both and wait. Pivot points below! Friend please share with me & the wonderful TradingView community how you think we should trade Lockheed Martin! If you have a LMT chart yourself please be especially sure to share it with me! Educationby ZenModeUpdated 19
LMT should benefit from defense billLMT's jet is specifically mentioned in the bill which should result in a large sum sale to boost their profits. This is a good long term hold as well as a good trade short-term for the recently passed defense bill via congress overturning Trump's veto. RTX, which is Raytheon and united technologies combined in a merger, both organizations have had longstanding relationships with the military. I see LMT returning to recent highs which makes for a pretty decent trade and it could recover further for those that go long. Longby EBITDAtiger2
Go long above 375If LMT can get above and hold 375, which is the 61.8 retracement of the Feb 2020 correction, it will also break the upper trendline from the bull pennant formation. Stop Loss at 339: It has held the .50 retracement at 341 from the Mar 2020 lows to the Jun 2020 highs, which is bullish. If it breaks this, the trade is wrong. Profit targets: 417 (conservative) and 442 (aggressive). If we get to 442, look for it to bounce off then retest to break all-time highs.Longby fav7890
LMT in strong buy zoneAfter falling off the resistance level in early December, it is going to test 349. by daranafissi2
$LMT #LMT Relatively safe swing trade off hereLockheed Martin Looks like it be a good channel trade for a short swing, Trade it till it breaks, got a feeling it will break to the upside soon. Weekly chart looks like it's finding good support off the 150 MA and a break above the channel is very bullish. by LiCapitalTrading1
LMT - Did it bottom?LMT is bullish against today's low $354.43 Triangle could work. If it fails, LMT could head down to a new lower low. There's no sure thing - you have to trade what's in front of you. by Successful_Inv_Strategies3
LMT long term downtrend There is a descending triangle on LMT, I wouldn't go long on this at all unless you are speculating government contracts for something such as war. The chart isn't looking pretty for LMT.Shortby WhatAmIDoingWithMyself0
LMT 10/22/2020bounced off nicely from 61.8 FIB level from the recent swing. however there's been strong sell pressure past few days. if this stock keeps going down, it may go close the gap between 355-360 area. by CHARTING-CLEM1
Possible Earnings play for LMTWith LMT still holding and consolidating above the 200 DMA, I am keeping an eye on LMT running up to its earnings this week. Any constructive criticism is appreciated as I am still learning.by davidlefkowitz130
LMT - ER Tues. Can't get tighterNo idea which way the stock will go, but this pennant can't get any tighter. A big move is coming, but unsure of direction.by bulltradingtips0
LMT Trade 9.14LMT looking solid on the daily chart for a few days. Target is the 395 - 399 range. Weekly chart looks week so this trade is a short term long. Best, --d0xLongby Parad0x_111