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ronzo777
Oct 24, 2023 4:37 PM

LOW At A Possible Bounce Zone on 200 Weekly MA Long

NYSE:LOW1D
Lowe's Companies, Inc.NYSE

Description

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Lowes (LOW) is currently touching the 200 Weekly MA and is likely to see a bounce from this level, regardless of whether it breaks down later on.
Breakdown likely to hit trendline highlighted on chart.
Exit price for bounce would be around $215.
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