Bullish Lowe’s Companies Inc.

rallied from US$60.00 in March 2020 to US$263.31 in December 2021 , reversed the trend in 2022 when it fell below the 40-week Moving Average and stayed below a falling trendline for about seven months .

The stock then settled in a bullish rising triangle pattern made up of higher lows and equal highs . The recent move above the top of this pattern suggests a breakout and the start of a new uptrend toward higher targets . A sustained rise above US$238-239 would confirm it. Behaviour indicators including the rising 40-week Moving Average confirm the bullish status. There is good support near US$215; only a sustained decline below the 40wMA would be negative.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,223.08, up 40.32 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Down 48 cents, or 20.87 per cent, to $1.82 on 31.5 million shares. Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up four cents, or 3.20 per cent, to $1.29 on 22.3 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.71, or 1.99 per cent, to $87.77 on 16.6 million shares. Suncor Energy Inc. (TSX
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »