If HD can hold the 300 level again it can bounce back into 309. Puts under 300 can work for a move down into 292, 285. Trade Idea: 290P 4/9/22 under 300.
-HD sitting right on support will look for a bounce or break -If we break we will easily approach 299 levels if we can break that then we got the floor to hit -If we bounce we should look for at least 325 levels a lot of nice range here
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...
Just reposting this witha regular chart ignore the Strategy below I am not using that. by iCantw84it 03/16/22
HD now with a bullish divergence is set up for a run to its last previous high. 15-25% run on a 1 to 3.5 Risk Reward. by iCantw84it 03.15.22
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...
on the action we know that now the seasonal trend begins so we are preparing and looking for areas of accumulation friends I will keep you informed friends support me and subscribe to me
I started a 500 share position last week and planned to add as I believed $300-305 was the bottom. Target is $348. Good company, dividend increase, blow out earnings report!
The price has reached a good support ZONE : 1-NECKLINE 2- SUPPORT ZONE (PRICE ACTION) 3-VOLUME PROFILE (SUPPORT) 4- HIDDEN DIVERGENCE (HD+)
If it continues to stay below that trend line, it can hit 180 soon.
Bearflag breakdown below VWMA on daily, but just above on 3D chart. Downside target below 363 -> 344, 326 and 298
Home Depot broke down out of a bear flag formation Friday, and now the path of least resistance is DOWN. However, I am speculating on a short term bounce here as HD approaches a good support zone. Plan is to play weekly calls then look for another short opportunity at $383 zone.
Short term outlook. One goal only. Bearish outlook for gains at 380 Flat in formation, nearing completion. 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...
The Rewards to risk ratio is not favorable! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional...
I would like to start this forecast with this Peter Lynch quote: “In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” It means, the best traders are never right all the time, they make losses too. Focus on getting more trades right than wrong and you’ll be considered successful. Having...
$HD is going to breakout soon,, and also clearly uptrend daily & weekly candlestick
Another five wave impulse is finished, divergences are present. We are bound to fall. 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...