Framing The Trade
When a stock is setting up in
an intraday consolidation pattern near daily chart breakout levels…it’s the
only name that you’ll need to concern yourself with.
10:51:06
Intraday
Setup Alert
From the Intermediate-Term
Report, Lowes (LOW)
is trading in an intraday Slim
Jim pattern near breakout levels of a 7-week high level base. Triggers are
set at 56, with current trade changing hands at 55.86, up .39.
So even though the symbol might
not conjure up images of moving higher, you might want to climb on up the ol’
proverbial ladder and check it out for yourself when the classic triggers are
showing themselves in multiple time ‘frames.’