Hello Traders Investors And Community, welcome to this analysis where we are looking at the stock value HD 4-hour timeframe perspective, the current formation and what to expect from this stock the next times. Although HD has formed some new highs it is struggling at the moment as the volatility gets extremely low and the price weakens it can be possible to...
Homebuilders were a surprise leader in the first half. But with interest rates staying high, bears could be moving into the neighborhood. Today’s chart focuses on Home Depot. Similar patterns appear on related charts including NYSE:LEN Lennar, NYSE:PHM PulteGroup and NYSE:TOL Toll Brothers. The first issue is potential bearish divergence. HD made a...
Can you see it? could break down by end of week, good luck
HD hasn't been able to break a strong resistance level. The uptrend channel has also been breached. Likely to go up and down near the resistance level before losing power and breaking down.
Long-term channel on a log chart. Revenues and profits incredibly stable. Nothing not to like.
Planning a short if the right shoulder plays along. Measured move down for a swing trade.
Home Depot Inc (HD) is trading within a Channel Up since the May 16 Low, strongly supported by the 1D MA50 (blue trend-line) following a 1D Golden Cross. The pattern is quite similar to the October - December 2022 bullish Channel and as a result we treat this as the last strong buy opportunity before the Resistance Zone test. Our target is its top at $347.65....
Home Depot (HD) reported earnings of 4.65 per share on revenue of 42.92 billion for the fiscal second quarter ended July 2023. The consensus earnings estimate was 4.46 per share on revenue of 42.25 billion. The company beat expectations by 4.03% while revenue fell 2.00% compared to the same quarter a year ago. The company said it continues to expect fiscal 2024...
If you haven`t sold HD here: Then analyzing the options chain and the chart patterns of HD The Home Depot prior to the earnings report this week, I would consider purchasing the $325usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $7.15. If these options prove to be profitable prior to the earnings release, I would sell...
Home Depot, Inc. (symbol ‘HD’) share price has made some profits in the second quarter by just over 10%. The company’s earnings report for the fiscal quarter ending July 2023 is set to be released on Tuesday 15th of August, before market open. The consensus EPS is $4.46 compared to the same quarter of last year at $5.05. ‘The company is currently performing...
NYSE:HD is holding up nicely above 200 MA, long the break out to target the levels shown on the chart. Stop loss daily close below 50 MA.
The PEAD projected a bullish outlook for NYSE:HD after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
This is HD range focus price points I set major trends within the white line levels of the fibs. Wtching this double bottom run u to retest 327 to see if ti rejects or can continue for a run up to 353
🔹Breakout the horizontal trend channel in the medium long term. 🔹Breakout a double bottom formation 🔹A decisive break of the resistance 302, continue looking at next resistance 322. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle |...
Chart speaks for itself. bullish curl aiming for the upside gap. Calls over 309 for 314, 317, 320s RSI is neutral so she can run
Price appears to be struggling at a resistance level and is boxed in right now. Possible Ascending Triangle formed which is neutral until broken. A Bat pattern noted, crooked M which is bullish but price keeps hitting the resistance line, so has not broken as far upward like most Bullish Bats do. A bat has peak 2 lower than peak 1 and the 4th leg down should...
🐂 Trade Idea: Long - HD 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 306.27 🐿 DCA: No 😫 Stop-Loss: 284.29 (or 294.65 for aggressive trade) 🎯 Take-Profit: 327.27 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no...
The U.S. housing market is taking off -- at least according to yesterday’s data (starts and permits). However one of the biggest companies in the sector is still negative on the year: Home Depot. The first pattern on today’s chart is the bearish gap on February 21 after sales and guidance disappointed. HD has recently started probing the $305.55 opening price...