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...
Looks like HD will hit 250 by end of this week or next week. I understand the hype about Hurricane but the markets are in turmoil and there is no way this heads higher and weekly shows one last draw down before recovering higher.
Horizon: 1-2 months Target: $350 Technical analysis The current correction reached more than 90% of the previous movement. Such values are standard within the uptrend and mark its continuation. Fundamental factor The Home Depot is an American retailer that is the world's largest retailer of repair tools and building materials. The U.S. Consumer Confidence...
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...
I heard on Reddit that BBBY is prime for a major pump because Ryan Cohen talked about spinning Buy Buy Baby off into a separate company, which would in effect create an airdrop of new stocks for holders. I heard on Reddit that BBBY is due for a pump because Ryan Cohen bought Jan '23 calls @ a $50 strike. I heard on Reddit that BBBY is due for a pump because...
What we need to watch the $318.44 / $321.24 resistance number one if we can break above then we are going for 340 lvls. Watch for pullback to support lvls for entries on calls
Expect a pullback before ER. Then a uptrend continue.
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 $2.80 premium. Looking forward to read your opinion about it.
- Looking for the break above 310.51 then will look to scale into calls... - 318 will be the first target - If we can get above 318 we have a long way to keep on going
Watching price action to see if these 2 gaps will fill or not once they both fill I will aim for a long put 2-3 months out
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers,...
Home depot looks going towards 240$ if this support donot hold
Since April, HD has been trading sideways in between 315 and 300 Price finally picked a direction and pushed towards 280 , making the 300 level a strong resistance. Last week we saw a first attempt to break above that resistance and failed, proving that it is a strong level (Also psychological level) Watching to see which direction it will resolve. Maybe another...
$HD slowly plunges since the beginning of this year. not much negatives news besides the overall supply chain issues and inflations. but the most reason why it took a dive is the short sellers. there's been high percentage of short seller since the beginning of this year making $HD to a bearish mode until now. but the percentage of short seller starts to fade...
I was looking at HD on 1h and found that price is at a cheap zone as per the ProTrader set up. Any retracement above 298 is opportunity to go long. It will attempt to reach marked levels. Let's see how it works out.
$HD slowly coming back up after a long downward momentum similarly with $LOW. i personally don't know why it keeps going to downtrend with not much negative news. i believe the stock got over value and analyst tries to lower the price target to prevent the bubble to burst. with the inflation and shortage going in the nation consumer is creating a panic buying...