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Ideas_by_Jake

HD 1W

Short
Home Depot, Inc. (The) (NYSE:HD)  
Ideas_by_Jake  
NYSE:HD   Home Depot, Inc. (The)
Trend Analysis homedepot
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trendanalysis homedepot
Why do I expect price to move below 247 USD?
Firstly, let's look at the chart.

What can you can read from the chart?
  • Price has created lower high.
  • Price is below local PoC.
  • Weak higher low
What do I expect will happen based on my readings?
Price is currently below local PoC. The structure is very poor. I believe price will move below 247 USD.
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