Lopez Holdings (stock symbol: LPZ) has crawled higher since my first post, but price is still unable to make good progress. The stock has been stuck in a very tight range in the mid-4.00s since last month.
The Stochastic indicator continues to point lower with a bearish formation.
With not much development at hand, I still expect buyers to face headwinds from 5.00 to 6.00. Support must remain at 4.00 in the coming weeks.
Do you have LPZ in your portfolio? Share your thoughts below!