HD broke out and above the short term resistance levels of a bottom completion area. This bottom is an intermediate-term bottom formation. The breakout has support to sustain the gains and is occurring ahead of the earnings season which provides potential for a pre-earnings run which tend to be fueled by pro traders, who provide sustainable momentum runs.
$HD Home Depot - Golden cross on the daily chart appears imminent (50d/200d crossover). Forming bullish channel that began with the Xmas eve bottom. Monitor for breakout above $185 for confirmation. Unusual bullish options activity - Over 16k $110.00 strike Jan'2020 calls traded today for total premium of $120M. These are deep in-the-money, expensive contracts...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
EURUSD WE CAN LONG EURUSD between 1,1305 and 1,1315 with sl in 1,1290 if it breaks we can sell for tp 1,1228 and if there is HD+ in a lower time we can buy the short and long also.the sl is 1,1200
Again this stock has a higher run up and not much data available at the higher end Unlike the other stocks a drop in price nearer the 2000s , was significantly more comparable to the 08 crash, Cant see much support with the VPVR at the higher time frames
Expect a nice bounce at 200-215 ,from previous chart pattern history it was a really tough resistance area,so expect whales to look for a bounce at that area, if we do break 200,I expect us to enter Re Distribution zone and our target can be Accumulation zone on the Weekly chart 166 area.
Always a late reporting company, HD reported today before the market opened. HFTs were ready to gap the stock in the direction the algos perceived earnings. The chart patterns were setting up for a negative reaction. The stock is in the lower area of its trading range that has similarities to the S&P500 index chart's trading range pattern. Flow of Funds...
This one looks like it wants $64 but could bounce higher before. Keep earnings in mind.
NCS NCI is a near $2B business, which just merged with Ply Gem Corp. also $2B business forming larger construction and engineered products business * Forming handle in likely break from Fibretrace 0.786 at $15.75 to $17.00 indicating break-out * Drop to 14.10 not likely as relative strength and sales growth in construction and housing products after Hurricane...
Home Depot might break out if it makes it past the first yellow line. It will easily breakout to $203 if it passes the second yellow line***. I'm banking on HD making it to $225 within a month. These estimates based on the C&H, H&S, and Historic floor/ceiling.
Definitely Head and Shoulders. I'm super new at this, if you see a way I can improve my chart please comment. The stock will likely hit support levels from APR to MAY.
HD - going down?