LMT Daily LongNYSE:LMT long setup:
Entry above Friday's high at 384.89
Stop Loss under June 29th low at 372.75
Profit target 442.03
Risk/Reward 4.71
0R3E trade ideas
Go long LMTTrading in a channel with some healthy consolidation. 50 day SMA passed through 200 day SMA (Golden Cross)
Trading at a discount with only a 15 P/E ratio.
Fair Value Estimate from Morningstar: $436
Implied Upside from Last Close: 15%
Lockheed just landed a big sale to Switzerland of their F15 jets beating out Boeing
Cup and Handle Earnings 7/27LMT appears to have gotten caught up in a rising wedge and broke the bottom trendline, which makes the pattern valid. There is a bullish falling wedge at the bottom of the cup.
Also a cup and handle pattern with prior price rejection at long entry level. Hard to know since the bearish rising wedge was interfering.
Negative volume is high. Short percent is 1.28%. Short interest is the percentage of share float that has been sold short but has not yet been covered or closed out. Short interest is an indicator of market sentiment. Extremely high short interest shows investors are very pessimistic.
EPS (FWD)
26.64
PE (FWD)
14.20
Div Rate (FWD)
$10.40
Yield (FWD)
2.75%
Fundamentals are good, but need the sector to move.
No recommendation.
Earnings are 7-27.
Positive swing trade on LMTWe have seen multiple waves of selling with the symmetrical triangle looking to narrowing the range. The selling wave has dramatically reduced and there is a strong wave of buying starting since March this year. Toward the end of July, we will be expecting the earning report. The breakout generally occurs in the direction of the existing trend, and I will take this chance to time my long position along the 500 MA line and looking to profit from a breakout. Stop loss will be triggered outside the support line.
LMT ready to shoot upLMT forming an ascending triangle on the daily, nicely bouncing off the 50 MA and key fib levels. I will be watching LMT as it breaks out of key resistance at $400.
LMT Long for breakoutNice consolidation past few weeks, hammered sma 50 today. Might be a good candidate for recovery to pre-covid levels above $400.
LMT bull? LMT appears to have completed three legs down to a support line, which is in confluence with the 50 day ma. This price action also paints a possible inverse head and shoulders. Could be a possible first leg up for a 3 leg move. Watching for a possible melt up out of the .5-.62 fib level, trend line break for possible leg 2 for a quick buck or two.
Don't trade this set up, this isn't financial advice. See the nickname? Not a professional here, just drawing pretty lines on a x-y graph.
LMT: The Stealth Bomber Trade?Interesting recent strength in aerospace last week as LMT has made a sudden push up into it's ~405 pivot. Time will tell how this thing plays out but could be an interesting pick in the current political environment as well. Key levels
$LMT PULLBACK TO 50MA$LMT PULLBACK TO 50MA DOJI TYPE CANDLE SO FAR WILL NEED CONFIRMATION EOD. ADD IT TO THE WATCHLIST
LMT looking for $320ish Ok, I don't trade this stock. Earlier in the month in meditation I heard "Lockheed downgrade on 21st".
So, regardless, today it's breaking to the downside with a daily squeeze and I like the odds to the downside. My dowsing says a 17% drop is in the works.
Let's see if there's any news or just some dumpage. Or, perhaps it's all a dream! Peace.
Is Lockheed Martin going to ATH?It's only my idea, and my first one, so please leave a comment with your thoughts about it:)
We can see that LMT broke a long downtrend with strength, bumped into a strong resistance at 390 area, made a correction and got into a triangle pattern which if it breaks might go to try the 390 again and break it.
If it does we can look to TP first on 415 area, and then the second TP on 440 and ATH area.
Good Luck everyone!
Lockheed Martin (LMT) Symmetrical TriangleLMT has been consolidating within this range 380-397 for about two weeks now, although yes a symmetrical triangle can result in either up or downward moves, Im willing to bet we see a continuation in its current price pattern up until it meets resistance at the Fibonacci extension/resistance of 402.50 which would be over a 4% move from the apex of the triangle, it will most likely need more time to consolidate but current market conditions have been rather bullish, so I'm hoping for a pre mature break from this pattern, I'm looking at June 18 402.5 calls. Will update if anything changes.
LMT Lockheed Martin / Negative Divergence RSI and Double TopHello,
I focused on RSI and it seems N.D with a double top setup. We should watch MAs at this point. Pink is ma20 and blue is ma50.
Space Aliens and Lockheed MartinSpace Aliens and Lockheed Martin
Within this brief essay on Lockheed Martin we are going to discuss technicals and fundamentals.
Fundamentals:
F-35 Concerns. For months the press has been all over Lockheed for many technical issues with the F-35, and policy makers have been hitting on the cost of the F-35.
(Citation) www.defensenews.com
Here is a quote from NBC: "And even the relatively low $80 million-per-F-35 price tag is deceptive, because the F-35 has proven so expensive and challenging to maintain that every hour an F-35 is flown costs $36,000 on average, compared to $22,000 for an F-16. By an alternate metric, the F-35 is over three times more expensive per hour to fly."
UFO Fragments Are Likely In Lockheed Martin’s Possession, Says Ex-Sen. Harry Reid
(Citation) deadline.com
In this day and age of meme stocks, let's explore some of the additional hype around this topic.
The space alien article is from Deadline, and in and of itself is not very meaningful on first glance. However its essential that we then evaluate the avalanche of additional information that has hit us on this Space Alien topic.
“Dr. Xinli Wei, a microbiologist from the Chinese Academy of Science; Dr. Rudolph Schild, an astrophysicist from Harvard-Smithsonian; and Dr. Rhawn Gabriel Joseph, also known as the Space Tiger King, were the ones who made the claims following study of images snapped by the Curiosity rover of NASA on Mars and the orbiting craft, HiRISE. Their study, Fungi on Mars? Evidence of Growth and Behavior From Sequential Images, published in published in the Advances in Microbiology journal and is presently accessible via a reprint, which has been met with skepticism from the scientific community, contends that what NASA identified as rocks are in fact, fungus-like samples that grow in the Martian landscape.The three experts also claimed that the said mushrooms appeared to shrink, appear and disappear over a number of days, weeks, and even months. In one instance, the team said there is evidence of fungi similar to Puffballs on this planet "re-sprouting" in tracks that the NASA Curiosity rover left behind.
(Citation) www.sciencetimes.com
The NYT article advising a DOD employee saying the US has “Off-World Vehicles Not Made on This Earth” And yes Harry Reid was all over getting the budget approved in the black budget of the Pentagon.
(Citation) www.popularmechanics.com
www.nytimes.com
(Citation) www.nytimes.com
The Recent New Yorker article just data dumping a concatenation of events throughout history
(Citation) www.newyorker.com
Additional comments from the DOD/Navy confirming additional UAP sightings as valid.
(Citation) www.cnn.com
(Citation) www.cnn.com
Scientific America commenting on the signal we received supposedly from a nearby star system (ironically the closest one to us) this needs to be peer reviewed a lot more, but for a prestigious scientific publication to be talking about an alien species and advising us that they are most likely "boring?"
(Citation) www.scientificamerican.com
Harvard's Professor advising Aliens already gave us a drive by. And he is essentially saying the scientific community played ostrich if you read his book.
(Citation) nypost.com
Most recent Director of National Intelligence (Literally controlled intelligence agencies like the CIA) saying...they are real and they are happening all over the planet? Oh and his last two predecessors say the same thing...
(Citation) www.washingtonexaminer.com
(Citation) www.washingtonpost.com
Negative news is that Marco Rubio advised the UFO report may be delayed, but if that is to add additional content that may not be all that terrible
(Citation) wreg.com
Israeli space security chief says extraterrestrials exist, and Trump knows about it
(Citation) www.nbcnews.com
(Citation) www.wsj.com
Ex-CIA director believes UFOs could exist after pal’s plane ‘paused'
(Citation) nypost.com
So after spending years researching the topic since the insane 2017 NYT bombshell drop ( www.nytimes.com ) the top three additional comments are:
They have taken down our nuclear inventory. Yes you may have noticed every source here could be included in any academic publication, and yes you read that correctly. They have shut down nukes, which is an act of war.
(Citation) www.cbsnews.com
(Citation) www.newyorker.com
They seem to dwell, or spend an unusually large amount of time in the ocean
There are countless examples including almost all authenticated DOD videos, and the Navy comment in politico advising the regular activity with oceans, and the Puerto Rico DOD video, along with the recent Hawaii confirmed video. These things seem to abide in the water - Top Gun Pilot Cmdr Favor from the Nimitz event encountered one 50ft above the ocean and he states it was above a much larger craft that was in the ocean. You can listen to Chris Mellon and other insiders to get a better perspective, but this is odd.
(Citation) www.wwlp.com
Final concern was Donald Trumps comment when asked about it on Fox news near the end of his presidency. (This issue is bipartisan as we are all on team humanity) he countered the question by advising how "tough and great" our military is. And if you listen to Chris Mellon and Lue Elizondo and other insiders I think the 'sad' truth is what we find out in the June report (This comment is speculation) the military is going to confirm the phenomena is real to the senate (although they already have been to publications) they are going to need more money and funding, and they are going to say they do not know who is piloting them, or continue to be vague about it. The concern is our military and tech are not transmedian, or entirely invisible, powered with a propulsion system that can go over 3,000g's
(Video Interview New York Post) www.youtube.com
(Citation) www.c4isrnet.com
My recommendation is just play the hype in this new day & age of meme 'stonks'. Even if ALL of this does not materialize and it is all fake - the rumor itself about Lockheed having alien tech is real, and the company is well run. I am long LMT from buying the dip and will continue to accumulate if we experience any further dips.
We can clearly see here that technically the trend has changed. The ema ribbon has "fipped" and to overly simplify this.. the lines are point up.
Additional Reading Material on F-35A:
breakingdefense.com
www.thedrive.com
Recommend for those with further interest in researching the metamaterials that they are testing now as well. The leading researcher advised it was assembled at the "subatomic level" and "assembled in space".
If you enjoyed this content friends, and if you have ever seen a UFO/UAP/USO (yes USO, submergibles/transmedian!!) please be sure to share it with others! And please hit this with a like! Lockheed Martin is my favorite play when it comes to trading off the revelation that aliens are real.
For swing traders, easy target at $420
LMT C&H breakout?$LMT 4HR Chart...
LMT over 390.50 looking to to see retest at previous gap at 403.46 over that looking to see a retest to June 2020 highs at 417-418. Under 369 would invalidate this.
Long Term Swing Idea
LMT: Breakout Confirmed, 10% Potential Profit!Description: LMT is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $379.5 - $390.8
2. Take profit: $418.37
3. Stop Loss: $368.94
4. Risk To Reward: 1 / 3
5. Accuracy Rating: 97%
Cup and Handle Earnings 4-20 BMOMid cup is 351.60 which can be a source of support. The HL (handle low can also be a source of support.
Cup low is 319.81.
Target are calculated using the cup depth (63.66) and fib levels
Not a recommendation
Cup and Handle Earnings 4-20Earnings 4-20 BMO.
LMT has broken neckline of an inverse head and shoulders pattern as well as broken up from a bullish falling wedge. Long term high is 442.53. Yearly high is 417.62. There will obviously be resistance overhead. This is not a yearly cup and handle pattern. To break from a yearly cup, LMT would need to reach a bit over 417.62.
Negative volume is high. Positive volume (volume on up days) is waning. As a rule smart money buys on down days and can be represented by negative volume.
A cup should look like a rounded bottom. The handle is formed after price either stalls and creates a horizontal consolidation zone, or comes down to create the area of consolidation. The handle is like price taking a "breather" This handle is not super long yet. Handle lows are not written in stone but in a best case scenario, provides support. Consolidation zones provide support as a rule, and the handle is not an exception to this rule. Levels of support and resistance were made to be broken though. AMT is coming back to form the handle now.
A Scallop pattern looks like a cup but has no handle. Break out level is at the left cup high. I have noted this pattern often comes back down though to form a handle. It can be a while though before price comes back down to form a handle and then it is no longer a scallop pattern and may morph in to a cup and handle pattern (o:
The left side of a cup is the sell side and often you will see increased volume due to selling. The right side is the buy side and you want to see increased volume due to buying on the right side. You also want to see increased volume when price breaks out as well. Volume often chills out during consolidation.
There are different ways to calculate cup and handle targets but I use the high of the left side of the cup and add a bit to that to clear the resistance that resides there as long entry level. I take the left cup high and subtract the cup low to get cup depth. Then add this to what I have deemed to be break out level using fib levels. Sometimes I just multiply the depth by .38, .62, and .79 to get targets 1. Targets 2 which are long term, I play by ear but I use the 1, 1.27 and 1.61 if it seems the security could possibly make it to those levels.
Not a recommendation
