Lockheed Martin (NYSE:LMT) Finally Pulls Back, Here’s The Trade

October 18, 2017

Lockheed Martin Corporation (NYSE:LMT) is a leading defense and aerospace company. The stock has been one of the best performing equities over the past four years. Finally, LMT stock is pulling back over the past four trading sessions. The stock is now close to testing its 20-day moving average. Traders should note that this 20-day moving average is minor support so there is a good chance that the stock could move lower. The daily chart is signaling very solid support around the $305.00 level. This area is where the stock traded sideways in August before breaking out to new highs. Keep this level on the radar as LMT is scheduled to report earnings on October 24, 2017.

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IBM Pops After Earnings, Here Is The Trade

October 18, 2017

$QCOM Gives Investors Great Buying Opportunity Right Here…

October 17, 2017

QUALCOMM, Inc. (NASDAQ:QCOM) has a classic bullish retrace setup that gets me excited to buy. The stock has made multiple higher lows and higher highs in recent weeks signaling a near-term up-trend. Following the latest move higher, the stock retraced to the major support of the daily 20 and 50 moving averages. This huge support level confirms the buying opportunity. The only reason QUALCOMM is not at its 52 week highs is because the company is in a legal battle with Apple (AAPL). Eventually, there will be a settlement. I believe when that happens this is a $60.00 stock. This chart setup is very bullish.

 

Stock market bullish chart trade buy on QUALCOMM, Inc.


AT&T Inc (NYSE:T) Still Has One More Leg Lower

October 17, 2017
Traders and investors can easily see that telecom giant AT&T Inc (NYSE:T) has been under selling pressure recently. This stock has been falling since it peaked out in January 2017 at $43.03 a share. Today, T stock price is trading around $36.00 a share. The pattern on the charts still remains weak as T stock trades below its 50 and 200-day moving averages. Traders must now watch the $34.00 area as the next major support level. This is where the stock was defended in January 2016, and it will often be supported when retested. Please note, AT&T Inc (NYSE:T) will report earnings on October 24, 2017.


Here we go!

October 17, 2017

Here we go! Nick sold $PCG for another profit in the Research Center! Get the next swing trade now, right here:https://www.inthemoneystocks.com/investor


Corporate Earnings Trades In Play: NFLX, GS, MS, HOG & Much More

October 17, 2017

Two Big Trade Setups For Pros Who Like To Make Money

October 16, 2017