Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
Market participants tracking Lockheed Martin should note the latest formation. With a last close of $582.6, volatility remains active (2.46%). Price action has carved out a classic Ascending Triangle. Volume is strong (1.22x avg) with moderate trend strength (37.8). A potential breakout level is identified at $588.41, targeting $689.67 with support near $487.15 (R:R 1.0).
What is your outlook on LMT?