LMT testing Trendline since 2013

26 Eki 2018

LMT took its turndown along with the rest of the market in recent week and is currently testing a trendline that has been in place since 2013. Watch closely for the break lower.

30 Eki 2018

Not

Clean break as discussed above. Took out bottom at around 290 and should be heading lower. First major support levels between 257-267 (previous high resistance and 38.2% Fib)