Weakness showing in HD. The resistance (in blue) is proving to be just that. The MACD has turned, showing just a bit of bearish divergence as well. A solid engulfing daily candle showed on Friday the 6th of Aug 2021, which led to a bearish pin bar setup. The 100 daily EMA has proven to be a zone to pay attention to over the past 10-15 years and will look for strength if price approaches. Slightly lower we can see where rough support is (pink). This area around the 100 daily EMA and pink support is where my T1 sits. If further break down occurs past the daily 100 EMA, then I'll look at the 200 daily EMA weekly, which has proven over the past two years to be a quality buying area.