LOWE'S COMPANIES
(LOW-NYSE):
Technical Viewpoint: From a low
of $43.75 on Jan 19, 2001 prices
rallied, reaching a
high of $54.98
on Feb 1, 2001. A
decline saw prices pull back, reaching a
low of
$49.57 on Feb 8, 2001.
Another rally saw prices penetrate
resistance, closing 2/13/01
at $56.25. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 13, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $50.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 9, 2001. A P&F upside
reversal takes place at $53.00. Summary: Technical indicators have turned bullish. BUY! LOWE'S COMPANIES
(LOW-NYSE) @ $56.62 Stop: Use a protective stop of $53.87.
LOWE'S COMPANIES is currently trading @ $56.25 plus $2.25 on Feb 13, 2001. Price Objective:
$71.00. Risk/Reward: $2.75 VS. $14.38. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$71.00
Risk/Reward:
$2.75 VS. $14.38
Risk/Reward Ratio:
5:1
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