Take-off for Lockheed Martin?

Long

Lockheed Martin Corporation (NYSE:LMT)

Aggiornato

NYSE:LMT Lockheed Martin Corporation

Support and Resistance Fibonacci Moving Averages speculativebuy speculativelong speculativelongtrade LONG longtrade tradinglong risingstocks defensestocks militarydefense

supportandresistance fibonacci movingaverage speculativebuy speculativelong speculativelongtrade long longtrade tradinglong risingstocks defensestocks militarydefense

Speculative long trade. Price is being supported by

SMA 30 + 50 and EMA 50
50% fib retracement
prior local high
seasonality is rather bullish in the 1st half of this year
global situation seems to demand rather the products by LMT

Commento:

I have lowered the TP as indicated. Not that the ATH doesn't get challenged, but my strategy involves a faster money turnover.

snapshot

Trade chiuso: obiettivo raggiunto:

Take profit reached at 488.89 USD

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