I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader. I am calling Home Depot (HD) Bullish. I know this chart may seem cluttered, but there are several bullish indicators I see so please bear with me....or bull with me...or...never mind. Anyway, let's first look at the solid purple line....
Technicals are looking good on this one.. NYSE:HD has room to run if the stock can bounce back to the $191.55 resistance. Stoch is nearing oversold territory and RSI is nearing a short-term trendline that should act as support. Volume dropping as the stock falls hints the bulls will soon come in, however, one must remember that high volume is not needed for a...
$HD Home Depot closed just above C&H resistance. Expecting follow through into the 2nd half of this week. See chart for medium term targets. Note: Hurricane season has begun
Neat break of the falling wedge on #HD, more upside move to come! A retest of previous highs is likely.
Perfect 618 retracement on the fibs, buy the dip here!!!!
Seems overbought. Waiting for it to retrace back to support (181.00). Then watching to see if it falls below or moves sideways or bounces. Also, expecting it to come back to the 200 moving average and bounce at which point I would consider entering. At this point, I will make a buying decision.
We have bevvy of retail earnings announcements next week as the full season tapers off: HD announces earnings on Tuesday before market open with a background implied volatility of 23% (top quarter of 52-week range). CSCO -- Wednesday before market open with a background of 27 (near 52-week high). TGT -- Wednesday before market open, at 36 (top quarter of 52-week...
Is this a Home Depot ( HD ) opportunity or trap for further pain to the downside? We clearly see a past resistance around the current levels of $150 that could turn into future support and help us find buyers there, but breaking $150 would open the door to the $144 and even lower. But with a dividend yield of 2.36%, hey we might attract some buyers down at this...
Home Depot Bullish pennant after solid earnings report this morning. $HD
here's guys a new analysis! as we can see in the chart there's the chance of an abcd pattern, so in the next session of trading we expect an up trend move! stay tuned!
In 2016 shares of The Home Depot rose only 1.38%, while the Dow rose 13.41%. The company showed one of the worst growth results among the "blue chips". Due to the market expectations of growth of housing assets in the United States in 2017-2018 the company expects to exceed revenues of $ 100 billion in 2018. Next month, the company will report in the fourth...
We have a good opportunity to take a short here, risk is $5.91 per share, so factor that in when sizing your trade. I'd reccomend 0.5% exposure here. Earning 1.1% per quarter, with a modest 3% free cash flow yield, valuation up here isn't good. Good luck if shorting it. Cheers, Ivan Labrie.
I like LOW. Expecting a nice move if it can break resistance at 72.72.
I am very cautious this close to the top and thinking the economy will be heading much lower in the coming months BUT this is such a great company. They are very strong and going into a horrible storm season I think we will see some great profits. I won't be putting much into this being my outlook and it's close to the all time highs but it is a good buy non-the-less.
HD forming a wedge pattern; reject on the top trend line, should fall and find support at the bottom trend line.
I am short this one it is in overvalued condition with rejection from top.