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FriscoTrades
Mar 21, 2022 12:27 AM

$L Loews with nice VCP breakout Long

Loews CorporationNYSE

Description

Loews weekly chart appears to be breaking out of a volatility contraction pattern , with price coming out of a nice rounded base and aiming for next leg up.

I am long shares at $63 and will add as this grinds higher, trade invalidated and stop loss at -8% or $58.05

First price target $66

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