paulyberndt
Short

HOME DEPOT SHORT

NYSE:HD   HOME DEPOT INC (THE)
137 0 2
Home Depot             is on my watch-list for a short. With recent
weakness in consumer discretionary and warnings from the
CEO             of Walmart and other earnings misses such as lumber liquidators I see
weakness in this sector. .Big money is already selling ahead of earnings . I will wait for my setup. Will need two red bars below the 0 line on the Awesome Oscillator
and I will short at the bottom of the price bar. The weekly chart is also very close for me to going short as well. At earnings I will be watching the forward guidance on this huge big box retailer
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