Krab
Long

Loews Corp: Strong trend could be in the offing

BATS:L   LOEWS CORP
2 0 0
Over the past six months, Loews             Corporation shares have traded at USD 43 amid heavy volatility . The stock has approached the USD 43 resistance level for the third time already. RSI has showed no divergence. However, if the stock rises above USD 43 over the next two weeks there will be a buy signal with a target of USD 48. We expect that a potential further correction to USD 41 will be priced in. It makes sense to buy into the name at this level if the price drops to this mark, placing stop-loss orders at USD 40 and a target price of USD 48.
My forecast participates in the Market Forecaster contest. Follow the link to vote for it and help me win the top prize. Thank you.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out