LMT 200 points drop from the top to last years low

Bullish case:
200 point drop from the top
High volume at last year's low which coincide with the 420 zone.
Thinking this could be a bear trap below the trendline and or a fakeout.

Bearish case: Dead cat bounce amid peace talks to end the Ukraine war and last attempt to stay above the trendline amid the weekly bear flag.

Conclusion: I lean toward the bullish side as the volume spike at last year's low is a good zone for bulls to show up.