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inthemoneystocks
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inthemoneystocks' Blog : Double Top Alert On Lowe's

Date January 18, 2012    Comments Comments (0)    Rate this post Recommend This Post (48)   
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Lowe's Companies, Inc. (NYSE:LOW) has made a major move on the daily chart into a double top from 2011. This level should be significant resistance and a good shorting opportunity. The double top level is at $27.50. The stock made a low in August 2011 at $18.07. Since then, it has jumped 50%. A pull back is likely at this double top.Gareth SolowayInTheMoneyStocks

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