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Is LMT positioned for a breakdown? Fell Below 20 Day Moving Average shows up after sinking 2.95%
On Thursday, August 20th, LMT moved down 2.95% while volume was to 1.0× the usual levels. Fell Below 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 563.63, 555.52 & 541.49, with resistance at 585.77, 599.8 & 607.91.
Current SwingTradeBot Technical Rating of LMT: C
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