I've been watching Lowe's since early Feb and I think there is potential for a big move leading up too/after the ER on March 1st.
It's been running in the green for ~8 days and the RSI indicates it's oversold.
It's currently hanging out on the 0.628 Fib lvl, could see it gap up to 0.786 or 1.0 Fib lvls (~$111 and ~$117)
The support levels are at 0.5 and 0.382 Fib lvls (~$101.5 and ~$98). Giving us a P/L Ratio of 1.7
It's been running in the green for ~8 days and the RSI indicates it's oversold.
It's currently hanging out on the 0.628 Fib lvl, could see it gap up to 0.786 or 1.0 Fib lvls (~$111 and ~$117)
The support levels are at 0.5 and 0.382 Fib lvls (~$101.5 and ~$98). Giving us a P/L Ratio of 1.7
The Feb 2018 ER resulted in a surprise of -20% and a gap down.