$LOW | BULLISH SETUP 🐂
⭐ Setup Quality Grade: A-
📌 Grade Justification:
• Profitability: Top 10th Percentile ($110.7B market cap, $90.4B TTM revenue, $6.6B net income, 2.53% dividend yield).
• Revenue Growth: Top 15th Percentile ($26.0B Q2 sales (+8.3% YoY), $4.27 EPS, $7.0B TTM free cash flow).
• Technical Setup: A- Grade Cleanliness (Weekly higher low at $187.29 spot with multi-year RSI lows signaling imminent bounce).
• Wall St Target: +25%–35%+ Upside ($254.00–$255.00 consensus price targets).
🏢 Profile:
#2 home improvement retailer ($110B+ market cap) serving 1,761 stores, DIY consumers, & Pro contractors.
📉 Setup: Major 1W higher-low base holding $187.29–$197.61 spot on volume shelf with weekly RSI at lowest levels since 2019!
🎯 Levels:
• Bulls: Hold $187.00 & claim $200.00 ➡️ Targets: $220.00 / $240.00 / $255.00+
• Bears: Break under $175.00 support. 🛑
#LOW #options #trading #hovdid