LMT PutLMT looks like it will be closing under $404.45 today. If it does, we should see $391.68 in the next 14-30 days. Entry: $404-403 1st Target: 391.68 2nd Target: $378.17 Shortby MaryBlossomJUpdated 2
Rectangle/Descending TriangleThere is a Descending Triangle inside the Rectangle pattern. The bottom trendline of the Rectangle is the also the support line of the Descending Triangle. Both are neutral patterns until a trendline is broken with a confirmed trend in that direction. One way to calculate targets for a triangle is to measure the width at the wide end then project it up or down at the level of the break. Some would measure targets for a Rectangle by measuring the width and projecting it up or down from the broken trendline. I would use fib levels using this measurement but there are other ways to calculate targets. Since the width of the Rectangle is the same width as the wide end of the Descending Triangle, targets would be virtually the same for each pattern. I hear defense is one the latest "defensive" buy from analysts. Analysts are often lagging indicators. When LMT nears a level of resistance in this structure, candles of indecision appear. Price is at a relatively important level of support today if it holds. There is also a bearish Shark or a bearish Cypher in the Rectangle. It is kind of like in the middle but either way, it is a crooked W with valley 2 lower than valley 1. The 2nd leg retracement does not rule the Cypher out. I will leave it at that as it appears the 4th leg of the W has terminated. Price is above the .382 of the trend up from the Covid low, which I have deemed a danger zone for any interest in going long and has actually become a good spot to begin looking at shorting a security. Catching stocks above the .236 in the current market is even better. (To be honest, I have not had any interest in going long lately no matter which fib level price is above or below) No recommendation. Be safe up there. I have my white line drawn and ready to move using the magnet when the time comes. I will revisit this. “Nothing is more frightening than a fear you cannot name.” ― Cornelia Funke, Inkheartby lauraleaUpdated 1
LMT: Firing all the way up?Lockheed Martin Corporation Shortterm - We look to Buy at 423.15 (stop at 403.98) Price action looks to be forming a bullish flag/pennant. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips close to the 423.00 level. The bias is to break to the upside. Our profit targets will be 479.96 and 500.00 Resistance: 445.00 / 480.00 / 550.00 Support: 408.00 / 370..00 / 260.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre ’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.Longby VantageMarkets114
LMTThe relative strength today is interesting. Bouncing off the 200 sma and just below the moving average cluster & YTD VWAP. I like this one long against the 200 sma.Longby Essendy0
LMTLockheed Martin (LMT) rebounded from its recent low of $412.26 to close at $421.53 for the week. However, it’s EMA10-EMA20 and MACD deadly crossovers suggest bearish sentiments persist. Hence a daily close below $412.26 could provide short opportunities towards the $394.66 support. However, a daily close above $426 level could invite buying pressure with a potential retest of $445.49 resistance. by Boring_Trader220
Lockhead Martin LMT is risingLMT is a prominent defense contractor with peer RTX. It is currently showing It's stuff in Ukraine which may be the beginning of WWIII. The USA's stocks of its products are depleted. This is a growth stock; no signs of recession for LMT; it is backlogged USA needs to stockpile after that allies will be be begging for any surplus as it develops ( think Taiwan and South Korea) for LMT it is all about fixing supply chains optimizing production and demanding more than a fair dollar entrenched the monopoly of sorts with no chance, DOJ will litigate that issue especially given its current task list Rising price action MA and RSI divergence are a reflection of macroeconomic catalysts. Bollinger upper band walk is helpful in confirming the trend. Recent relative volume spikes may be suggestive of institutional interest. Positive ADX is supportive. Mass Index is moderate and stable which discounts any upcoming trend reversal. The stock is expensive for retail traders but percentage return is what it is all about. Contracts can be had for expiration in the fall.Longby AwesomeAvaniUpdated 223
Lockheed Martin is going for 600 USD per stock until 2025if you have patience - buy and hold for 2-3 years. If you look for other stocks / crypto with higher RR, this is not for you. CCC.ioLongby CryptoCoinCoach0
LMT - Further Upward PotentialLMT has broken out nicely of a large symmetrical triangle on this daily timeframe Similar structures can be seen in the green rectangles, with an also similar bottom in circle These similar structures are both bullish by Bixley0
Lockheed Martin Corp (LMT) finding support at the .618 fibLMT is currently finding support on the pre-covid crash top. Looks strong and pays a dividend. Should do well in today's world.by TechniBlock220
lmt 2 scenarioslmt 2 scenarios .. 1] buy after the break above the resistance 1 and 200ma ..2] sell after the break under the support level and 50ma ..by kostaskondilis1
$LMT with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $LMT after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%. Longby EPSMomentum0
BOS + GDOOBreak of Structure with Gap down on open Waited for pullback/consolidation and brought puts on continuation 3:1 RRShortby Aaron_Abraham0
Inside Day w/ BOS tradeInside day with Break of Structure. Break below previous days low. Waited for pullback and Brought puts on continuation lower. see 2bar reversal on 30min chart as well. Shortby Aaron_Abraham221
Lockheed Martin: Long Term view and OpportunitiesHi folks, This is a long term investment idea on a fast growing company, focused on few key sectors which are in constant development, as Aeronautics, Missile and Fire Control, Rotary and Mission Systems, and Space Innovation. Overall View : Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. My idea of investing on a long term view is given by actual facts: world instability, space innovation rush, strong company with strong reputation and worldwide leadership of his sector. Please share your ideas and comments below, and thanks for reading :)Longby CryptoAndy85Updated 0
LMT - Similar Up ChannelsThe price movement with each channel is extremely similar This leads me to the conclusion that price action following the channel end may also be similar Price action after the first up channel was very bearish , therefore I can assume after the second up channel bearish movement can be considered This is regardless of the channel being above or below the Major trend line in whiteby Bixley1
$LMT ~ Should we prepare for war...Correction as expected, but long-term concerns us. With things going on in Ukraine and how things are getting crazy in the South China Sea, wouldn't be surprised to see LMT to play out as expected. Keep a close eye on this one and world events. by EndlessCode0
Is $LMT oversold?$LMT has caught our eye over the weekend. After selling off a large Doji Candle has appeared upon a relatively good support level. A short term bounce can occur.Longby thinkCNE0
BOS TradeBreak of structure waited for pullback on 30 min brought puts on continuation below 30min pullback Shortby Aaron_Abraham0
LMT , LONG This is one I've been watching for several months or through 2022 . I wanted to wait for a break abouve current all time high but I saw some things that I really like that justified the trade so I took it 2 min prior to close . First of all LMT is a stock that has shown strength vs general market through 2022 which is the kind of stuff I want to be buying . Todays price action is nice , I marked what I really like on the chart . I see volume is kind of low but we are in a range . I have set a 1.5R derisk target near ATH which I think is reasonable . I will sell half there if sucessful and tighten stop to half , or 0.5 R initial risk . Some points : 1) Low volume down at support , could be higher .. 2) Hammer from a few days ago . 3) Today is a bullish engulfing , that creates a higher high and eclipses 4 near-term candles to the left and was not sold at close . 4) We are in a daily range but it is a trending range since it has a major higher low mind you it also has a LH with lots of wicks so still confusion there ... trading range price action rules BLSH ( buy bottom 1/3 of range and sell top 1/3 ) which is basically what we are doing here only maybe buying a bit higher than we should be, but that being said we still have a 1.5 R derisk to top of range , so reasonable . Price action was the main justification for entry here hoping to see trend from open tomorrow / strong bulls / continuation..Longby NAK1987Updated 2
$LMT Target 487$$LMT Breakout in 4h Chart on above average volume after consolidation phase - Target 487$ All Entry Criteria have been met: 1. Price above 10, 20 & 50 EMA --> Check 2. Consolidation Phase in Uptrend --> Check 3. Breakout on above average Volume --> CheckLongby Diplo_Trades1