Lockheed Martin returns to a key technical support zone

$LMT is drawing renewed interest after pulling back toward its daily 200-day moving average and weekly 21-week EMA.
The bull case combines a more reasonable valuation with defensive exposure, a large backlog, and improving guidance.
That creates a setup where fundamentals and technical support are beginning to line up at the same time.
For $LMT, the current area could offer a more attractive risk-reward profile if those support levels continue to hold.