LMT - crushed by massive Defense sell-off

מעודכן
The last time I published an idea on Lockheed, I had a price target of $360. That target was hit very briefly before a massive Defense sell-off. BA, LMT, NOC, RTN all announced earnings recently and were all hit hard.

LMT is approaching oversold territory (some may argue that it is already in) according to RSI - something we've not seen since the end of 2016. This is a good short-term long opportunity. My target will be $320.
עסקה סגורה: היעד הושג
Short term target reached
defenselockheedoversoldRelative Strength Index (RSI)Trend Analysis

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