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Lockheed Martin, F22 going for a a landing correction

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Lockheed Martin Corporation (NYSE:LMT)  
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NYSE:LMT   Lockheed Martin Corporation
Chart Patterns Technical Indicators Trend Analysis
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chartpattern indicator trendanalysis
LMT has been a raging bull for a period of time and based on the technicals, the stock is believed to be heading into a bearish correction towards the indicated support level.

-Rising wedge formation
- Bearish engulfing at the TOP of the trend
- Stochastic overbought
- RSI bearish divergence
Komen:
Lockheed Martin has indeed reach our short sell target price at the support level. Timely rejection of support is evident that LMT is still heading for long term bullish.
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