Lowes Falling Wedge

2020년 12월 6일

Lowes underperformed previous earnings leading to a stock decline.

This is a perfect buying opportunity.
Analysts raise the price target from 190 to 210 (source Motley Fool)

Consolidating below the 20 Day moving average as the current resistance
Gap at 160 to be closed

All good signs with the overall market looking bullish.
Housing market doing great at the moment for increased lowes demand.