$LOW Testing Support NYSE:LOW is currently bouncing off historical support, which was historical resistance 12 month ago. With the first target at prior resistance of ~$89.35, that marks a 4% increase that we could see in the coming days. Playing this with a June 8th $85.5 Call, that can move that 4% gain into ~30% by the end of the month. $95 is our next target, +10%, but I will reassess this target based on how quickly we can get to $89.35.Longby Swingman392
swing tradeBlue candles represent a good entry. On the weekly chart you can see the past profits from listening to these candles. Longby Brotank771
Tech Trade LOW on Positive Sentiment & Momentum ($90 PT)Lowes got way, way ahead of itself during the lofty valuation period of January this year. Now that it's fallen under the lowest part of the long, historical trend, it's an easy pickup as it can move up and back over its trend lines. $86.38 is a technical, average line that helps to identify point of accumulation, but only for the short sighted understanding of LOW as a stock. Above $90 is a clear sell line, but if you want to ride momentum and the sector up on whatever reason, $92 and in between is not unreasonable. Do NOT take this stock long hoping for the days of $105+. While Lowes does have some good initiatives with being Smart Home friendly and educational, we are currently not in a period where people are rushing out for home supplies because of proactive home projects, preventative maintenance (hurricanes) or rebuilding. Make some quick cash off LOW and bow out after. Let it stabilize and find its legs again against its trends lines and then decide if the narrative makes sense moving forward long term. The spikes are there, momentum will make them greater.by N3utra1
Lowe's looks goodWhen a stock can be resilient during broader weakness, I'm interested. The technical picture is looking interesting, too. Several indicators and oscillators are signaling to buy (denoted with round, green arrows). It's held above the 200 day moving average, which also bodes well. I suspect we'll get weakness tomorrow, as futures fell sharply earlier. I've already entered (on Tuesday) a small position in actual shares, I'm hoping this ends up an investment. I'll add on additional weakness but am keeping a tight leash on it or hedged with puts. The recent low is at $83.08. Longby EchoAlphaBravoUpdated 4
LOWESNEW DAY ACTIVE TRADE TRACKING- Took my own advice and went short on LOWes- once bounce off downtrend line. 04/06/2018 LONG PUT $89.00 Entered $1.61Shortby DigitalMoneyTraders3
LOWESREQUESTED CHART -Dont buy LONG until crosses the downtrend line northbound -This is for LONG BIAS and LONG TERM HOLD strategy - don't BUY LONG in a downtrend FOR A RISKER ENTRY -Buy once start seeing higher lows (before downtrend line cross) - and divergences on the RSI and MACD (RSI starting to show divergence) Shortby DigitalMoneyTraders1
Fib Line DownIf this breaks the last Fib line it on the way down for a while. Shortby traceycartersml1
Lowes Buying OpportunityPrice explosion from previous support zone. Have at least a 3:1 trade here. Prices are currently testing the zone. Entry line is above while the stop market the line below. Position sizing is key here. Longby Agentzereo0
$LOW CONTINUES TO RISE$LOW SHOULD CONTINUE TO RISE THROUGH MOST RECENT HIGH #LOWES #BUY ON IG @L0S3S3LF Longby TheFinancialNu111
LOW I see more upsideRSI 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.by gumby9662c1Updated 1
Members are long $LOW going into earnings tomorrowRecently home builders sentiment survey increased to 70 from 67.Longby classicoptionsUpdated 3
Lowes stock update (15 min) Just diving deeper in to the charts to see whats going on in lowes land! Looks like we our picking up the 200ema. We should be back on track shortly. NYSE:LOWby principaloverprincipleUpdated 6
Time Cycle and GannThis is my first chart and hopeful it makes sense. Its just my interpretation of Lowe's cycle and Gann's fan. This is my first chart so good luck!Longby MrWhite04
time cycle and gann's fanBased off the time cycle and Gann's fan Lowe's should be above 82$ come December 1st.... Also this is my first chart ever :) Longby MrWhite04
Lowes Stock (Trend line entry, long) Looks like it should obey trend line structure and go long. Hoping to hit $90+ by years end! Now looks like the time to buy while its at the trend line. I don't think we should really worry about the elephant in the room (AMAZON) yet, but definitely something to watch.Longby principaloverprincipleUpdated 7
LOW demand zoneDemand zone captured in 4 hr timeframe (good gap) Entry: 69.59 SL: 68.81 TP: 71Longby baderocks26