LMT looks ready to fly again

Long

Lockheed Martin Corporation (NYSE:LMT)

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NYSE:LMT Lockheed Martin Corporation

supportandresistance bullish weeklycall support

LMT now in my buy zone and also near diagonal support. Expecting a strong move higher in the next 1-2 weeks. Hoping it can break through the upper resistance this time. Thought I could wait until after close to post this but it bounced hard off 350 at the end of the day.

Commentaire:

Still looks very bullish. Trap below buy zone, expecting this to be back near the 375 trend line by end of this month.

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