LMT Weekly Options Trade Plan 2025-06-18

Join our Discord channel for live trading signals and discussions:

LMT Weekly Analysis Summary (2025-06-18)

Comprehensive Summary of the Key Points

Technical Analysis Synthesis:

Current Price: $476.79. Short-term indicators (5-minute chart) exhibit bearish signs—price is below key moving averages (10-period MA at $478.71 and 50-period MA at $478.57). Daily chart is bullish but shows weakening momentum, particularly in the MACD. Both charts indicate mixed signals. Support & Resistance Levels: Immediate support at $476.62 and $472.77, with key resistance at $480.80 and $481.17. The max pain point at $470.00 could act as a gravitational force for price action. Market Indicators: RSI levels are neutral (45.48 on 5-minute, 53.70 on daily) hinting at a lack of clear overbought or oversold conditions. MACD readings highlight bearish momentum on the shorter timeframe, while daily signals relay a more bullish setup in terms of price above longer-term moving averages. Market Sentiment Integration: