That is what it appears like to us at this stage. Overbought on the daily, possibly a result of the ascending pennant (?A Wave) signaling a fair chance of a reversal now to the shown levels. The fact that this is another short idea should not be all surprising given the general pessimism on the markets right now. We are not in the business of getting every...
It is time to put HD and LOW on your radar for two reasons. One I like how the technical complex looks and the other is the fact a major hurricane is going to rip into Tampa, FL (where I'm at), or somewhere into the U.S. In that same breadth it is imperative that we keep an eye on the Oil Stocks such as OXY and XOM, of which, I will be looking at and posting...
I am currently long on Home Depot Options to return back to Supply Zone as we head into a Seasonal Pattern on this particular stock. We Also have a Double Bottom in play on the 3 Day Chart..
I hear that the economy is pretty bad right now. So bad that we're in a recession, although the Government doesn't like the word "recession." The real word to describe the situation humanity is facing that nobody is saying yet, however, is "Depression." Here in North America, we aren't quite there yet, but no amount of money printing and astroturfing is capable...
🔸️Ticker Symbol: $HD timeframe: 4 Hour 🔸️3X Bull Pattern 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: $HD looking to retest $332 with new guidance to buy back millions. We are currently on a nice uptrend, as you can see with our regression channel; money momentum is on the way up and our middle band depicts bullish trend. The price retracement to about the 50...
Home Depot Inc Short Term - We look to Buy at 311 (stop at 301) A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Horizontal support is seen at 310. Further upside is expected although we prefer to set longs at our bespoke support levels at 310, resulting in improved risk/reward. Our...
Looking at the HD The Home Depot options chain, i would buy the $300 strike price Puts with 2022-8-19 expiration date for about $2.80 premium. Looking forward to read your opinion about it.
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers,...
Home depot looks going towards 240$ if this support donot hold
Home Depot, Inc. (The) ( NASDAQ:MSFT ) Sector: Retail Trade (Home Improvement Chains) Market Capitalization: $325.831B Current Price: $315.31 Breakout price: $319.40 Buy Zone (Top/Bottom Range): $313.75-$299.15 Price Target: $337.20-$340.60 (1st), $367.50-$372.80 (2nd) Estimated Duration to Target: 42-44d (1st), 99-106d (2nd) Contract of Interest: $HD 6/17/22...
The stock is filling the gaps Up 32% profit from this level
Wave structure is now placing today low as wave B I will now look for a nice rally back to 339/342 focus 341 over the next 5 to 6 td
The market is looking very bullish going in to this week. I see a setup on HD that has an 80% chance to be profitable based on Trademiner 5.0. the technical analysis sees bullish divergence on the weekly and daily charts. The latest earnings report was positive on eps and revenue. And finally, the DJIA for the past 30 year has had positive gains from March to...
Goals 335, 344, 357. Invalidation at 298 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels...
Immediate targets 345, 325. Invalidation at 458. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
If it continues to stay below that trend line, it can hit 180 soon.
I bought NAIL in the pullback this morning as I believe this is a retest of the breakout in the downtrend. The daily indicators also look strong right now. I'm keeping a stop just below the previous lows at 62.94 since if this is a bull trend now, it shouldn't break that support. I believe around a 30% gain is possible in this breakout if you can be patient. Good luck!
The chart posted is a clear wave structure we have ended a abc decline into a 50% pull back we are just starting this advance it should last 4 to 9 weeks with an avg of 7 weeks up new high are confirmed .best of trades WAVETIME