4LMT trade ideas
$LMT Inverted H&S on Daily$LMT Lockheed Martin has formed what appears to be a very clear inverted head and shoulders pattern on the daily chart over the last 3-4 months. Up nicely today after UBS initiated coverage with a Buy rating and $400 price target. Will be looking for a break through $330 level for confirmation. Another positive sign, the 50d ema is turning back north about to crossover the 200d.
Near term target - $336.50
Medium term target - $363.00 (previous all time high)
Note: Informational analysis, not investment advice.
LMT Detected possible contract awards!!!LMT: lockheed martin corp
2018-08-14 09:04:02
Detected possible contract awards
Inverse Head &shoulders200 day ema support buy. Recent inverse head and shoulders pattern formed. Plus it has a 50% buy rating with a history of good earnings and news on the new airplane. 17% profit up.
Post Earnings UapdateNYSE:LMT The stock gapped up and opened inside the expected channel and then immediately sold off. It then bounced off the 50 day MA.
The day MA also crossed the 200 day MA at the same time, forming a Golden Cross, leading me to believe there is still more upside to this move.
Sell LMTHourly
Possible bearish two method setup
as well beaish harami last few hours of trading day
mixed signals
volatile session, very suspect
pennat, assym triangle formation
gap to retest on 3 hour
Just keep an eye on LMT,
LMT kicked ass on earnings...
How would like like to earn an extra $billi versus the street this quarter~
Profit trading
Update Moving along the defined channel nicely even though SPY is weak. Should arrive on or above target by ER. NYSE:LMT
LMT Going into EarningsLMT is down over 15% from it's highs in February mostly due to Trump's trade war. The chart has formed a head and shoulders pattern, then turned down and formed a cup & handle pattern. The cup is short in length and V shaped, however, the company has been signing contracts and making new sales all the while. I believe revenue and earnings will beat expectations and the stock will rally to at least the $322-$325 range.
LMT Oversold and Extended Below MAs, 6-10% OpptyLockheed Martin Corp LMT is currently well oversold and over-extended below the short and long term MAs. A bounce from this area allows for 6-10% targets based on price structure.
Buy LMTHourly
green outside
four price doji
Stoch showing oversold approx. 5 like WTBleep?!
S/L 300
T/P 308.42
R/R 3.0
Play the gap to fill
then look for reversal lower
buyers/demand zone
expect voaltility
LMT Detected possible contract awarded!!!LMT: lockheed martin corp
2018-06-25 08:55:56
Detected possible contract awarded
Oversold in all time framesTechnical indicators show that LMT is oversold on daily, weekly, and monthly timeframes. Currently at a double bottom. Once CCI crosses -100, it will be a buy.
Lockheed Martin Corporation.Hello Traders.
Glad to present LMT priceaction forecast near future through EWA/EWP.
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LMT another small shorting opportunitySimilar to URI, I think we see a dive into the green box for 2 at which point it would be a nice long. For now, I will likely initiate a small short position
LMT - crushed by massive Defense sell-offThe last time I published an idea on Lockheed, I had a price target of $360. That target was hit very briefly before a massive Defense sell-off. BA, LMT, NOC, RTN all announced earnings recently and were all hit hard.
LMT is approaching oversold territory (some may argue that it is already in) according to RSI - something we've not seen since the end of 2016. This is a good short-term long opportunity. My target will be $320.
Pay attention to LMT as war bells are ringingTime to watch LMT closely as the war bells rings in the Middle East.
This is not a trading advice and I am not responsible for any losses may occur from following this trade.DYOR
DOUBLE TOP PATTERN OF LOCKHEED MARTIN CORP (LMT)DOUBLE TOP PATTERN OF LOCKHEED MARTIN CORP (LMT)
.-A and C points form the tops
.-Point D close the pattern
.-Volume is lighter and diminishing before the second peak and increases in the point C
.-The height of the top projected downward indicate the expected price in short position ($ 293,94)
.-A return back to point D is not unusual, but price must return down.
.-Simple moving average confirms the trend
Lockheed - long the post-dividends dipLMT really took off (pun intended) in the days leading up to and following their last earnings report, only to return to the landing strip again before taking another shot at $360. It is now back to home base and looks to be refueling before trying $360 again.
On Friday, LMT scored a sizeable contract with the USAF for training support, and with no shortage of F35 orders, Lockheed looks to be a solid long term play, as well. Especially since they pay dividends.
Lockheed Martin illogical reaction on positive news = buying oppLMT bleeped on my radar just now as it went down more than 7% despite going up by 1% in pre-market.
The move came in after new results were out, I'll quote some of them and you be the judge if this fall is organic:
"- earnings of $1.2B, or $4.02 per share, compared to $78M, or $2.69 per share, in the same quarter a year ago.
- Quarterly cash deployment: Cash from operations of $632M after pension contributions of $1.5B; Capex $216M; Repurchased 900K shares; Paid cash dividends of $586M; Record backlog of $105B.
-Raised outlook for 2018: Diluted earnings per share (GAAP) of $15.80-$16.10 (from $15.20-$15.50), on net sales of $50.35B-$51.85B (vs. $50B-$51.5B)."
Absolutely a buy in my book, would give it one more day to see where it will consolidate, but expecting the comeback to be swift as it has been each time the previous pullbacks occurred.
