LMT eyes on $600: not just round but a Golden Genesis Cluster

Updated
LMT blasted to a new ATH at mach 10.
IF this bird has a fatigue point, this is it.
Cluster of fibs including a Golden Genesis.

It is PROBABLE that we orbit a few times.
It is POSSIBLE that see get a significant dip.
It is PLAUSIBLE that we have TOPPED for a bit.

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Trade closed: target reached
OUCH
snapshot
PING on double fibs just before earnings.
Earnings apparently were not good enough.
Fell right thru our Golden Genesis fib, ouch!

So that Golden Genesis was a good TP after all!

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Zoom IN (m5)
snapshot
That is an ugly drop, thru several key levels.
We now have some SERIOUS hurdles above.

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Zoom OUT a bit (h2) for a look below
snapshot
If we keep dropping, we have two levels:
$ 567.92 a solo Covid fib but sell stitched recently.
$ 552.47 a Covid fib reinforced for a strong ledge.

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FibonaccigoldenratioSupport and Resistance

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