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Feb 20, 2016 8:41 PM

LOW 

Lowe's Companies, Inc.NYSE

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Updates notes. If in fact, the weekly traced out a 5W down, and there's more downside to come, price should not exceed wave four. Daily completed the BAT mentioned last week and could very well continue on to the CRAB for 72.13. However STOCH is high (although it can embed) and RSI is mid-range, a reversal off the completion of the BAT would not be unusual. Above the dashed line (X of BAT) consider the Crab. Watch for the declining daily MAs
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