Lockheed Martin Corporation
Long
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Lockheed Martin | LMT | Long at $472.00

250
Lockheed Martin NYSE:LMT. The war machine keeps turning... while there may some temporary "peace" with the new Trump administration, it is just never (unfortunately) permanent.

The price has entered my historical simple moving average area. If there is a bounce, I expect it to be between the current price of $466.00 and $450.00. I've started a small position at $472.00 and will grab more shares if it hits $450. Now, if the aerospace and defensive industry goes through a downtrend with the new presidential administration, I expect the price to fill the daily price gap near the low 400s - which is only an even better bargain, in my opinion.

Target #1 = $500.00
Target #2 = $535.00
Target #3 = $610.00
Transaction en cours
Target #1 reached for a 5.9% gain.

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