Lockheed Martin may rise to 483.00 - 487.00

Our pivot point stands at 461.

Our preference

As long as 461 is support look for 483.

Alternative scenario

Below 461, expect 453 and 449.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 465.283 and 455.4618).

Supports and resistances

492 **

487 *

483 **

478

468.31 (USD-last)

464

461 **

453 *

449 **

Number of asterisks represents the strength of support and resistance levels.