anthonylarro

LOW Sym Triangle Breakout

Long
NYSE:LOW   Lowe's Companies, Inc.
LOW originally failed to make a move lower or higher out of the previous triangle. But towards the end of the day we saw it break up out of the new triangle it was making on rising volume into the close. I would like to see it open around where it closed and come back to retest 108. Find a good long entry as it hold, and has a very clear straight path to 109 at past daily R. After three tight days of consolidation and volume picking up at the close, we could definitely make a solid move here with the market.

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