Lowe’s ($LOW) Building Momentum Toward New Highs
LOW has bounced off strong support, showing potential for further upside:Targeting 35% Upside – Recent breakout suggests a possible 35% gain with a target around $356.24.
52-Week High Nearby – Key resistance at the 52-week high of $287.01 is the next hurdle before further gains.
Holding Above Key Support – Currently maintaining support around $263.31, previously a resistance level.
SMA 150 Support – The SMA 150 is well-positioned, providing additional trend support.
If Lowe’s holds these levels, it could have a clear path upward!
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