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EngageTheTrade

Lowes Floating Island ($LOW)

Long
Lowe's Companies, Inc. (NYSE:LOW)  
EngageTheTrade Updated   
NYSE:LOW   Lowe's Companies, Inc.
Flag Support and Resistance
5
0
flagpattern supportandresistance
Nice Floating Island formed on LOW after the initial breakout to all time highs. Looks slightly bearish to come back and fill the gap, but ultimately looking for it to hang up in these levels for a bit then will watch for a breakout.
Comment:
Breaking out of that island a bit at the moment (FRI 8:54am CT)
Comment:
Similar trend as most of the good setups lately, faded with Market out of the flag. Could find support right around here (118.50) then watch for another test over the highs of that flag
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