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Tuesday, 01/02/2018 11:18:48 AM

Tuesday, January 02, 2018 11:18:48 AM

Post# of 477
Defense Stocks Fail To Rally, Watch This Level

This morning, the leading defense companies are not participating in today's early rally. Stocks such as Lockheed Martin Corporation (NYSE:LMT), Northrop Grumman Corporation (NYSE:NOC), Raytheon Company (NYSE:RTN) and General Dynamics Corp (NYSE:GD) are all falling by more than 1.0 percent today.

LMT is a now falling into support for a possible day trade at 317.50. The stock has a rising 200 moving average on the hourly chart at $317.26. This area should also be more support for the stock when initially tested.





Nicholas Santiago
InTheMoneyStocks
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