Jun. 28 at 9:18 PM
$LOW is still down ~24% from its February highs and just put in another defense/bottom at this long-term supporting trendline. Likely to push back up to its 50 week MA in the coming weeks 🏬
$HD &
$LOW generally move in unison, but
$HD has bounced ~22% off its local lows, while
$LOW has only bounced ~9%. Seems like it has some catching up to do.