See how the Descending Triangle is playing out for LOW. View live chart.
Bearish continuation pattern.
Technical analysis of Lowe's (LOW) reveals a significant setup. The stock is trading at $231.03, down 2.1% on the day. Algorithmically, a Descending Triangle structure has completed. Volume is average (1.01x avg) with moderate trend strength (13.0). A potential breakout level is identified at $224.15, targeting $164.49 with support near $238.79 (R:R 4.08).
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