Lockheed Martin jumps 7.6% in a week as the downtrend loses conviction

Lockheed Martin is in the 15th week of a sell signal, and the week just closed up 7.6% on entirely buy-side volume. The trade still sits at +11.36% performance since entry, while the latest technical picture tells of a downtrend loosening its grip: capital flow has turned positive, momentum has clawed back ground, and the daily chart shows a double bottom in the 494 area with a 6% rebound.