Despite periodic rallies that have buoyed the home improvement retail sector, Lowe’s (LOW) is showing signs of potential weakness. Recent price action in Lowe’s stock and lagging growth metrics suggest that its latest attempt to sustain a breakout may run out of steam. Below, we’ll explore the technical and fundamental factors behind this bearish thesis and outline a limited-risk options strategy to take advantage — discovered automatically through the OptionsPlay Strategy Center within StockCharts.com. Technical Analysis of Lowe’s Stock Price  After initially breaking above $260 resistance, LOW has spent the past two months attempting to build on its bullish momentum. However, it has since: Confirmed a false breakout. LOW has since fallen back below the $260 support, negating the breakout and signaling a bearish trend change. Underperformed the S&P 500. During its failed breakout, the stock has lagged the broader market, suggesting weakness ahead. Retest of Resistance. Recently, LOW rallied…