holeyprofit

A butterfly top?

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NYSE:LMT   Lockheed Martin Corporation
One of my more optimistic bear forecasts, since one would hope that seeing declines in war related stocks would coincide with there being a decline in the chances of a serious hot war spreading.

Basic butterfly pattern. Parabolic D leg. Supported by news. First rejection in. First retest in. Could be the start of the reversal.

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