LMRA Started moving up this morning & the trend accelerated after crossing the $4.10 level.
bigcharts.marketwatch.com
It is still trading above the Sep 6 H of $4.14, but at noon time found resistance at the $4.71 level, a little short of testing its Jul 12 H of $4.75 <g>
bigcharts.marketwatch.com
Today's volume is already over 1.2M (about 6x its DAV). That's the highest volume since May 23 when the stock had a spike to the $5.25 level on volume of 2,268,800
Of course, those volumes are still not comparable to the 4,035,100 on Apr 3 when it had an UG & spike to the $6.03 level, or the 5,906,200 on March 28 when it had a previous larger UG, or the 7,150,400 traded on March 12 when it was up 33% for the day (<G>)after announcing that it received a purchase order from LMT for its high electro-optic activity materials.(The order runs until the end of the Yr., when LMT will let LMRA know if it wants to have a license for its polymer materials.)
And much less comparable to the "nice",(G) volumes in Oct-Dec last Yr.
bigcharts.marketwatch.com
I still like LMRA & will continue playing with it.<g>
Bernard |
