LOWE'S COS INC. DL-,50 stock discussion
LOW breaking out again
LOW sometimes I feel like I’m living in an alternate universe. LOW just gave a damn weather report like Home Depot did last week after horrible earnings/guidance and the stock is holding at an extremely high level. This is insanity! What is going on here! The higher interest rate environment has only crushed the American consumer. By the time the fed does lower rates, it will be too late. The damage is done. The American consumer will not heal from the damage of the treasury’s absurd bond auctions and higher interest rates for 36 months. You will see in the coming months what I am talking about regarding yellens financial malpractice. Lowe’s and Hd should be trading at 70% of what they are trading at now. A company gives a weather report and their stock doesn’t crash?!??! It’s not a ski resort! It’s a home improvement store that is worth hundreds of billions of dollars! Sales are down because the consumer doesn’t have any damn money and their cc is maxed. (Short capital one….fyi)
LOW TP 250
SL 180
3 MONTH Long Term Inv
LOW Deep into daily sell wave, and 4H having issues pushing any bullish trend. We are entering the trendline buy zone, it could turn around at 232ish with a kumo cloud bounce on daily.Not sure why people would dump such a high paying dividend before payout, but this has a tendency to dip going into dividends also., may be a bigger dip buy opportunity for entry. at 220 range
LOW I like this stock. DIY is on the rise with all the how to vids on doom scrolling feeds, and these guys are open late nights for homeowners.
LOW To the moon on monday
LOW enough volume to sustain break out?
LOW needs more volume.
