mommymiles

LOW is making a cup of joe

Lång
NYSE:LOW   Lowe's Companies, Inc.
I was watching HD and it hit me that I should take a look at LOW too. So glad I did. It is on my watch list as I am confident that it is forming a cup & handle. If you look to the left, you will see a previous similar cup & handle that played out beautifully. I think the small difference is that there is no gap to fill. But of course we have to watch and play accordingly. When the price holds above $210.... I'm in like Flynn. Are you going to get a cup too?

Play Idea:
$220 -230C
$240 PT
45-60 day play
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