Real-Time: 21h10 (South African Time) / U.S Trading Session
LOWES COMPANIES (Ticker: LOW)
Housing/Home Improvement Trade Idea
Multi-month base, with trigger on strong strong action at $260; Invalidated on a close below $226
Previous Post: 24 July
Both names, in the same sector, look to be emerging from a base base. Invitation Homes (INVH) is printing multi-month highs while American Homes 4 Rent (AMH) is looking to follow the same technical trajectory.
Invitation Homes INVH - Daily Chart
American Homes 4 Rent AMH - Daily Chart
Lester Davids
Analyst: Unum Capital
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