Lockheed Martin Corp Gets Shot Down Before Earnings

This morning, the leading defense and aerospace company Lockheed Martin Corporation (NYSE:LMT) is trading lower by $1.74 to $177.44 a share. Today, the stock seems to be under pressure ahead of its earnings report which is tomorrow. Short term day traders should note that Lockheed Martin Corp stock will have intra-day chart support around the $173.17 level. This was level where the stock surged higher on October 16, 2014. This support area will likely be defended again if tested today.





Nick Santiago
Chief Market Strategist
www.InTheMoneyStocks.com