Will the Bearish Flag hold or fail? Plot your targets on the chart.
Bearish continuation if preceding move was down.
LMT is showing interesting structural developments at $622.79. With a last close of $622.79, volatility remains active (0.83%). Our AI has detected a valid Bearish Flag pattern. The trend indicator is reading 19.7/100, suggesting moderate momentum. A potential breakout level is identified at $593.88, targeting $395.28 with support near $632.92 (R:R 5.09).
What is your outlook on LMT?