gumby9662c1

LOW I see more upside

gumby9662c1 Updated   
NYSE:LOW   Lowe's Companies, Inc.
RSI above 80 right now but I don't see this being done here. I do believe chances for large day moves greatly diminished. The easy money trade is over in my opinion. Remember DIV payout this week. I do have it a Fib Fan resistance. I do believe this whole sector needs to focus one far better online presence. Locally, Menards is building a second mega store. This sector missed the memo retail going on line. I just bought a kitchen sink from AMZN just as cheap as these block stores prices. They need to wake up.
Comment:
remember housing start number hit the tape EOW. Expect homebuilders to run up into the news

$113 potential before earnings

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