Lockheed Martin may rise to 624.00 - 670.00

Pivot

550.00

Our preference

Long positions above 550.00 with targets at 624.00 & 670.00 in extension.

Alternative scenario

Below 550.00 look for further downside with 522.00 & 501.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

685.00

670.00

624.00

613.99 Last

550.00

522.00

501.00

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