FXstreet

We expect the company’s stock to trade higher post-first-quarter results - as its revenues and earnings are likely to beat consensus estimates.



The daily price of Lowe’s (NYSE: LOW) stock is far below 200 SMA in the oversold market condition according to Stochastic. The price is on bearish ranging within 179/199 support/resistance levels waiting for direction of the primary trend to be resumed or the secondary bear market rally to be started.

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