Lockheed Martin is heating up as we approach a possible world war 3. tensions With Russia and Ukraine are picking up and we don’t see the skirmishes slowing down anytime soon. Putin seems to be forcing the West’s and NATO’s hand in this predicament which seems unavoidable at this current time.

Futures are currently getting rocked! DOW Jones is down more than 500 dollars and the S&P 500 is down 107 dollars at the time of this post. We expect to see a lot of hesitancy as things escalate.

Lets take a look at Lockheed Martins chart:

Lockheed Martin is extremely bullish With resistance at 417.55, 2nd resistance point at 425.62 and 3rd resistance point at 436.78. LMT’S support levels are 398.32 2nd support level at 387.16 and 3rd support level at 379.09. With the Accumulation being up and MACD being bullish we don’t see any signs of LMT really slowing down. Stay tuned for our next report. Check out our last report on Lockheed Martin here.