Lockheed Martin may rise to 485.00 - 491.00

Our pivot point is at 456.

Our preference

The upside prevails as long as 456 is support.

Alternative scenario

Below 456, expect 446 and 440.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 465.1085 and 465.0204).

Supports and resistances

497 **

491 *

485 **

479

466.03 (USD-last)

460

456 **

446 *

440 **

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