LMT eyes on $462.68: First of 3 barriers to painting a Bottom

5月15日

LMT price has been struggling for a long time.
Currently testing a proven zone from underside.
Looking for a Break-n-Retest to start a position.

$ 459.44-462.68 is the immediate resistance
$ 474.33-476.30 will be a minor resistance
$ 486.35-489.04 is the next major resistance

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Previous Analysis that called the TOP

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5月19日

交易進行

POP

(yellow shaded area is from posting time)

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Closer look with notes:

Got a PING entry on top of our zone.
Closed 25% at first Target fib for just 2.5%

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What next?

TP 2 will be next zone starting at $486

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