Tuesday, 01 October 2024
Time Published: 18h22
With geopolitical tensions in the Middle East that defense shares are showing up on the technical screeners.
Lockheed Martin is trading higher by over 28% from the initial alert on 17 July.
Both RTX (formerly Raytheon) and Leidos have showed up as momentum candidates BEFORE today's us market open.
This is what Lockheed Martin has done since the initial alert!
To trade global shares, you will need an offer account.
Previous Post: 24 July 2024
Last week Wednesday I discussed LMT as a pick from the emerging momentum strategy. Before yesterday's market open, the group reported results that were welcomed by the market. The shares closed Tuesday's session higher by 5.65% and is now trading at $501 vs the $473 level at which I alerted last week.
Last Week's Post: https://www.unum.capital/post/us-market-screen-lmt-17-july-2024
Strategy: Emerging Momentum
• REAL-TIME: 16h14 (SOUTH AFRICAN TIM, US TRADING SESSION)
To trade, or open a new account, contact the Unum Capital Trading Desk: E-Mail: tradingdesk@unum.co.za | Call: 011 384 2923
Lester Davids
Analyst: Unum Capital
Comments