It is great to spot a great trend, but it is awesome to spot it before it breaks out. We saw LMT in a nie uptrend but really pegged it as a beneficiary of the escalating conflict in Iran and the spiking demand for more weapons. It has been climbing and doesn’t look to stop soon.

Last Monday the chart showed it was in the sweet spot of the Bollinger Band and put it on a buy list. The trend is fulling intact. Take a look at an updated chart:

The momentum is still solid and looking to keep going making this still a great candidate for an entry. Keep in mind the broader market declined today so a move up like we saw in LMT adds even more credence to the strength of this move.

Watch it at the open tomorrow for and look for your chance to get in.

Keep learning and trade wisely,

John Boyer

Editor

Market Wealth Daily