LMT eyes on $515-520: Major Support zone that could form Bottom

Zaktualizowano
Followup to my last idea that called the top (click).

LMT has been dropping hard after last Earnings Resport.
It has dropped into a major Support cluster of four fibs.
This should give us at least a dead-cat bounce or better.

$ 515.39 - 520.91 is the exact area of interest right now.

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Previous Analysis:
LMT eyes on $600: not just round but a Golden Genesis Cluster


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Zlecenie aktywne
Wham Bham Thankyou Mamm
snapshot
(yellow shaded area is from posting time).

.

Zoom in for a closer look
snapshot
Nice push from support into first resistance.
So I have closed 80% of the trade for now.
Let's see if we can get a double-bottom here.

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.
FibonaccigoldenratioSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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