LMT Earnings play

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Earnings Play for LMT
1) Under all EMA's except the 200.

2) Approaching trend line with selling pressure

3) Lower High formed in most recent movement

I would be short on this with caution of the 200ema Target of 473 for tomorrow based off point of control of volume profile
Ghi chú
This is why I dont play earnings! This thing ripped today! I was totally wrong on this one Whoops
Ghi chú
Would of went thru some pain here, but ultimately this play would have worked out. I was just early on the short. I would classify this as a textbook "Fakeout"
Chart PatternsFundamental AnalysisTrend Analysis

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