Watching what is happening on LOW after they reported good earnings I am seeing a potential short opportunity. Buyers can't push it any higher so far.
On the 60 minute chart $28.75 is short term resistance. I might (emphasize the 'might') be inclined to short LOW if it touches the short term resistance and does not push through.
Monday, August 20, 2007
Lowe's (LOW)
Posted by Fp80 at 8/20/2007 09:46:00 AM
Labels: LOW
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