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Home Depot & Lowes Finally Pause

Posted, by inthemoneystocks on April 17th, 2012

The two leading home improvement retail stocks are finally retreating today. The Home Depot Inc (NYSE:HD) and Lowe's Companies Inc (NYSE:LOW) are trading slightly lower on the session after making new 52 week highs yesterday. Both of these stocks remain above the daily chart 50, and 200 moving averages which indicate a strong technical chart position. This small pullback should not be viewed as anything serious at this time.

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Authored by, inthemoneystocks
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Tickers:
HD | LOW | RTH
Tags:
, low, HD, RTH
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