Analysis Summary For Leidos (LDOS)
Analysis Date: August 4th, 2023
Time Target: August 20th, 2023 (+/- 5 trading days)
Price Target: $112 (+/- $2)
Projected Move: 30% drop by December, 2023 (~4 months)
Our work shows that LDOS will experience about 30% drop between August and December of 2023.
Trading Recommendation:
A short position should be put around $112 (+/- $2) which is expected to happen near August 20th, 2023. A stop loss should be placed at $118. If LDOS pushes higher than this level, the overall forecast will fail. About 30% decrease should follow within 4 months into December of 2023.
