Buy Long: Lowe's Companies Inc - Ticker: LOW - Sector(s): Consumer Cyclical Industry: Home Improvement Retail
Go to the Invest2Success Advisory Page
Buy Entry: 183.65 to 186.18
Stop-Loss: Available to Subscribers
Take Profit Price Targets: Available to Subscribers
$LOW #Lowes #homeimprovement #homerenovation #workathome $HD...
Lowe's triggered my early-warning price reversal algorithm. The full accuracy when this occurs is detailed in the article at my website below. The RSI algorithm determines overbought and oversold levels. The algorithm signaled a SELL on April 6, 2021. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first. This is...
The PEAD projected a slight bullish outlook for $LOW after a positive over reaction following its earnings release placing the stock in Drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
$LOW is currently in a bullish flag position. I like the postures of the indicators on the daily, 4 hr, and the 1 hr. Price is currently testing the top of that daily trend expecting a break out move. if the break out occurs, looks like its going to make an attempt at new ATH's. The fib levels are looking good, 175.45 is a level that was briefly used for support...
Lows is building a nice consolidation base around its 50 MA and looks ready to make a run back to its all times highs set back in October. A logical entry would be on the break of its one month shelf with $166 acting as resistance.