Lowes (LOW) ($42.67): Set a multi-year high at $43.55 on May 16. The weekly chart remains positive given a weekly close above the five-week MMA at $39.86. My weekly value level is $41.74 with a monthly risky level at $43.82.
Target (TGT) ($71.06): Set a multi-year high at $71.24 on May 17. The weekly chart profile is positive but overbought with the five-week MMA at $69.18. My monthly value level is $65.35 with a semiannual pivot at $70.31 and weekly risky level at $71.29.
At the time of publication the author held no positions in any of the stocks mentioned.
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