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icypopsicle

Long LMT in the long term

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Lockheed Martin Corporation (NYSE:LMT)  
icypopsicle  
NYSE:LMT   Lockheed Martin Corporation
Trend Analysis Fundamental Analysis
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trendanalysis fundamental
As long as the war doesn't come to a peace treaty and countries like Germany and Switzerland spending increasing budget on defence, Lockheed Martin would be churning out armaments like Javelin missiles or F35s.

LMT might retest its strong resistance zone around 390-400 as the new support, or it might continue to trade in-range till a breakout towards upside or downside. Imo there is more upside in the long term. Can watch for the next quarterly earning too.

I am long LMT in the long term.
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