KIKABOON

Positive swing trade on LMT

NYSE:LMT   Lockheed Martin Corporation
We 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.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.