The LMT chart is breaking out of a downward wedge pattern here, and there is certainly some more upside to be had towards the all-time highs from this past spring.
Notable changes on the indicators include crossovers in the Moving Average Convergence Divergence (MACD) (bullish) and a crossover in the Traders Dynamic index (TDI), which we introduced and defined here, as well.
A follow-through day Wednesday would be a great chance for LMT stock to make a run higher.
