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Tuesday, 9 October 2018

Lockheed Martin (NYSE: LMT): 9 October 2018, Tuesday, 9.12pm Singapore Time


Lockheed Martin (NYSE: LMT): 
9 October 2018, Tuesday, 9.12pm Singapore Time
(Click on Technical Chart above to Expand)

Attached is the Technicals of Lockheed Martin (NYSE: LMT). Lockheed Martin is an American global aerospace, defense, security and advanced technologies company with worldwide interests. Come early November 2018, The US will be taunting China and touching China's hottest button -- Taiwan, by conducting military exercises in the Taiwan Straits that separates between Taiwan (Republic of China) and China (People's Republic of China). Tension will be high and military defense stocks will have very high buying pressure. With high buying pressure, comes high soaring prices. Lockheed Martin is poised to break out $360 resistance (green trajectory) for $420-$430 target price.

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