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markethunter888

2 month distribution completed in Lowe's; bear move has begun!

Short
Lowe's Companies, Inc. (NYSE:LOW)  
markethunter888  
NYSE:LOW   Lowe's Companies, Inc.
Trend Analysis Chart Patterns Technical Indicators Bearish Patterns crash options breakout turnaround
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trendanalysis chartpattern indicator bearish crash options breakout turnaround
- I am seeing a 2 month long distribution phase in Lowe's, after which the stock has rolled over.
- I am predicting a very sharp move down in the month of December with the first target being the 130 demand zone and the 2nd target being the 100 demand zone.
- the 100 level is also showing support as the key trend line from the start of this bull market comes in at that level

Appreciate your constructive feedback !

Idee correlate

markethunter888
3 month H&S completed in home depot; expect a sharp move in dec
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