Lockheed Martin $LMT#LockheedMartin is just above 50SMA and holds on fib 0.618. However, the last 3 candles look slippery
LMT trade ideas
LMT LOWER SWING HIGHFor confirmation of trend needs to close below, previous demand area, to enter short
Volatility Trade - Short LMTTrade log -
Short
Open - 356.48
Stop - 388.22
Invalid setup close - Price close above 381.11
Trail trigger - 335.32 Price to close above this level
$LMT $BAMarket Cap comparison BA/LMT - interesting as BA now has a smaller market cap than TGT or SBUX
People are lining up to buy guns follow LOCKHEED MARTIN CORP People are lining up to buy guns because they're afraid they'll be looted amid the coronavirus crisis
People in the US are stockpiling guns and ammunition amid the coronavirus crisis.
Some say they are afraid that as businesses are forced to close, looters will start emerging.
have you ever trade on LOCKHEED MARTIN CORP, is it a flop or fly?
Sikorsky Receives Second Contract to Build Presidential HelicoptLMT: Lockheed Martin Corporation
2020-02-20 16:04:00
Sikorsky Receives Second Contract to Build Presidential Helicopters
Lochheed Martin Next setup
Previous trade worked perfectly.
Despite earnings beat today, the stock is overbought so further upside limited.
$457 looks like maximum upside before a pullback
LMT impacted by USA and IRANThe USA recently said that if there is another American citizen killed, they will attack the general who took over for Qassem Solamani. ALL defence stock will fly upwards if this occurs.
LMT Outlook set for higher prices above fib extension.Due to the recent geopolitical risks, defence stocks in general, are worth keeping an eye on, this is one of them!
$LMT Lockheed Martin Breaking out Possible entry $401.50 at the open with a upside target of $434 to fibonacci resistance.
The stock has already began to break out so the recent developments should ignite a sustained rally.
Market Review - Sunday, 08 December 2019MMC, AJG, SO, OMC, EIX, AFL, APD, AZN, D, GPC, HEI, LMT, MAA, TJX
LMT - Pattern Failure Feb-March 2020 - Another OneTHIS IS NOT READY FOR SHORTS/PUTS YET. I WILL UPDATE WHEN I ENTER
This is a great way to play the trend down and then long again on the way back up. :)
I am overall bullish on LMT and their business model. But this chart says it's due for a correction.
There is a series of charts I am finding with patterns which end mid-2020 which also coincides with 2yr/20yr inversion anniversary (March 2019).
Lockheed Martin has a fairly repeatable pattern here.
Longer term chart shows similar pattern, although these last two were very similar.
The pattern needs to be analyzed closer when the time comes to enter.
I will be looking to enter at failure of the current yellow wedge.
I expect this to be around February or March 2020. I will update the chart at this time.
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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, ROKU and AAPL.
lmt Cant decide what wave we r in - is it an impulsive wave 1 or still in the frame of correction with wave Y?
LMT - DAILY CHARTHi, today we are going to talk about Lockheed Martin and its current landscape.
Rare earths are a critical part of laser- and precision-guided missile technology of Lockheed Martin, also each F-35 Lightning II produced by the company requires 920 pounds of rare earth materials, so the news coming from China might help Lockheed to increase their profit margins and help the company to face eventual headwinds.
China that controls about 90% of the market, and 70% of the global production of rare-earths, said this month that it's raising its annual mining quota to 132,000 tons, representing a 10% rise in comparison with last year. This decision's poised to have a significant impact on the markets due to the relevance of rare-earth is one of the most relevant elements to the modern industry, essential to the production of a wide variety of products. To have an idea, let's have a quick look at their uses on the industry:
Neodymium - Used to make powerful magnets that can be use on the many products from computer hard drives to motors for electric cars
Lanthanum - Used to make audiovisual components like camera lenses and other elements that work with light on the industry like cinema projection and illumination.
Gadolinium - Used on the fabrication of Television screens in the medical industry by been utilized in MRI and X-ray scanning systems.
Cerium - Used in the manufacture for cigarette lighters, as the Lanthanum it's used on the cinema industry, this element its also used by the crude refinery in its refining process.
Praseodymium - Essential to producing aircraft engines and along with magnesium, can create high-strength metals named Mischmetal.
Yttrium - Used in white LED lights, lasers that can cut through metals, also it's used in making of microwave filters for radars, and it's used to a catalyst in ethene polymerization.
Terbium - Used in mercury lamps and to improve the safety of medical x-rays and used in laser devices.
Europium - Used in printing euro banknotes, low-energy light bulbs to give natural light, also it's excellent at absorbing a neutron, valuable to control rods for nuclear reactors.
With this scenario in mind, we can weight that companies and other types of assets, that have a high level of dependence on this material could have relief on their profit margins during this year that China keeps this level of production. This relief might mitigate eventual headwinds that these assets may face and boost possible bullish sentiments.
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