Carter Worth Is Bullish On Lowe's Companies, Inc.

, Carter Worth shared his technical analysis of

. He believes that it should follow a move higher in

.

jumped 22.9 percent in 2015, while

gained 9.8 percent. Worth presented a chart of

and showed that the stock is currently consolidating after a move higher. He identified a triangle pattern and he explained that the stock is testing a resistance at $76. Worth believes that

is about to break above $76.