ChArtWorks_TechnicalArts

Lowes Double bottom with Cup and Handle Mahn?

Long
NYSE:L   Loews Corporation
Good evening ladies and gents , safest entries are always at the bottom of a range, but you are showing rounding out price action with divergence at the heartline. What we need to do next is break the neckline of the pattern and then see follow through price action.

Entry: Current Price
Exit: Targets are in the Deep retrace zone between the .786 and the .886. $54.22, $54.53, and $55.13
Stop Loss: $48.63

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Comment: LOEWS***** Whoopsies
Trade closed: stop reached