Trading Lockheed Martin $LMT With Integrated Risk Controls

November 15, 2023, 03:15 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LMT

• Buy LMT slightly over 435.57 target 456.39 stop loss @ 434.31 Details

The technical summary data tells us to buy LMT near 435.57 with an upside target of 456.39. This data also tells us to set a stop loss @ 434.31 to protect against excessive loss in case the stock begins to move against the trade. 435.57 is the first level of support below 444.22 , and by rule, any test of support is a buy signal. In this case, support 435.57 is being tested, a buy signal would exist.

• Short LMT slightly under 456.39, target 435.57, stop loss @ 457.71 Details

The technical summary data is suggesting a short of LMT as it gets near 456.39 with a downside target of 435.57. We should have a stop loss in place at 457.71though. 456.39 is the first level of resistance above 444.22, and by rule, any test of resistance is a short signal. In this case, if resistance 456.39 is being tested, a short signal would exist.

Swing Trading Plans for LMT

• Buy LMT slightly over 449.32, target 456.39, Stop Loss @ 448.02 Details

If 449.32 begins to break higher, the technical summary data tells us to buy LMT just slightly over 449.32, with an upside target of 456.39. The data also tells us to set a stop loss @ 448.02 in case the stock turns against the trade. 449.32 is the first level of resistance above 444.22, and by rule, any break above resistance is a buy signal. In this case, 449.32, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short LMT slightly near 449.32, target 441.46, Stop Loss @ 450.62. Details

The technical summary data is suggesting a short of LMT if it tests 449.32 with a downside target of 441.46. We should have a stop loss in place at 450.62 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 449.32, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for LMT

• Buy LMT slightly over 446.44, target 449.32, Stop Loss @ 445.4 Details

If 446.44 begins to break higher, the technical summary data tells us to buy LMT just slightly over 446.44, with an upside target of 449.32. The data also tells us to set a stop loss @ 445.4 in case the stock turns against the trade. 446.44 is the first level of resistance above 444.22, and by rule, any break above resistance is a buy signal. In this case, 446.44, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short LMT slightly near 446.44, target 442.03, Stop Loss @ 447.48. Details

The technical summary data is suggesting a short of LMT if it tests 446.44 with a downside target of 442.03. We should have a stop loss in place at 447.48 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 446.44, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Lockheed Martin (LMT) available here: LMT.

LMT Ratings for November 15:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	414.58
P2	442.03	441.46	435.57
P3	446.44	449.32	456.39

AI Generated Signals for LMT

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