LMT Stock Forecast: Will Upward Momentum in (NYSE: LMT) Continue?

LMT Stock Forecast: Will Upward Momentum in (NYSE: LMT) Continue?

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The LMT stock is rallying upwards after receiving a gap-up from major support.
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Lockheed Martin Corporation (NYSE: LMT) stock’s trading volume is above the moving average and the 52-week price range is around $381 – $508.
At press time, Lockheed Martin Corporation (NYSE: LMT) stock price was $449.18 with an intraday minor gain of 0.70%. It is trading above the major EMAs, showing positivity on the charts. Moreover, the intraday trading volume of LMT stock is 2.012 Million higher than the 10-day aggregate volume of 1.624 Million.
According to Lockheed Martin Corporation, the stock price has been rising since March 2020 as per the price action displayed on the chart. LMT rallied from the $266 support level by making higher highs and lows which resulted in an uptrend and reached $508 on April 2023 but at high it faced resistance as investors took profit booking due to earnings reports.
However, the stock has shown a reversal sign as the LMT price too

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We współpracy z: https://www.thecoinrepublic.com/2023/10/20/lmt-stock-forecast-will-upward-momentum-in-nyse-lmt-continue/

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