With current events heating up between Ukraine and Russia We will be looking at Lockheed Martin (LMT). Lockheed Martin is a security and aerospace company With four segments. The Aeronautics segment is engaged in research, design, development, manufacture, support and upgrade of military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. The Missile and fire control segment provides air and missile defense systems; fire control systems; manned and unmanned ground vehicles and energy management solutions. Rotary and mission systems segment provides design, manufacture, service and support for various military and commercial helicopters, surface ships, sea and land- based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The space segment is engaged in the research and development, design, engineering and production of satellites, missile systems and space transportation systems.

With that being said I think you can see why we believe Lockheed Martin (LMT) will be a good stock for 2022. Lets take a look at the chart.

Based on the chart below we can see that the accumulation is up on high volume. LMT has supports at 374.58, 379.96, and 388.08 While the resistance points are at 401.58, 406.96 and 415.08. If the stock breaks through the three resistances LMT has the potential for a breakout move. Especially if any war news hits. Investors will flock to defense stocks.

Volume Indicators
20 Day Avg Vol	2,315,002
Today / 20 Day Avg Vol	ABOVE
150 Day Avg Vol	1,525,366
Today / 150 Day Avg Vol	ABOVE
Abnormal Volume	NO
William Volume Accumulation	bearish
Volume Price Trend	bullish

Momentum Indicators
10 Day Trend	bullish
40 Day Trend	bullish
100 Day Trend	bullish
Stochastics	neutral
RSI	bearish
MACD	bullish

The overall outlook on LMT is bullish and we see the stock being used as a safe haven for investors.

Disclaimer: We are not investment advisors nor do we claim to be. This piece is an opinion piece and should be treated as such. If you invest you may lose your entire investment, and the reader is respoinsible for any actions taken