With homebuilders and even Home Depot getting hit hard of late, I am looking for strong holdouts like LL to eventually succumb to its peers.
As pointed out by 12631 member @tpaintrader, we are looking at a weekly chart bearish rising wedge setup (not unlike what we have been observing with the Goldman Sachs weekly), outlined below, after a steep uptrend.
Thus, this stock becomes a short idea on weakness below $97, with a likely cover-stop not much higher than above $103.50, if that.
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