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.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at RSuttmeier@Gmail.com.

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