The 9 Most Interesting Stock Charts to Watch Right Now
Click to EnlargeIn terms of individual stock charts to watch in retail, Lowe’s (LOW) looks set to underperform if the overall sector does in fact break down.
LOW stock has an established support line at $45, and it could be set for another test with the stock in the mid-$46 range. This time, however, it will do so while trading below its 200-day moving average and without the upward momentum that has carried the stock during the past three years. LOW stocks tends to fall quickly once it loses steam, so keep an eye on this one as a potential opportunity from the short side.