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Peet_Serfontein

HD: a deeper correction waiting to unfold?

Short
Home Depot, Inc. (The) (BATS:HD)  
Peet_Serfontein  
BATS:HD   Home Depot, Inc. (The)
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
A price action below 371.00 supports a bearish trend direction.
Increase short exposure for a break below 367.00.
The target prices are set at 357.00 and 351.00.
The stop-loss is set at 380.00.
Breaking down the 23.6% Fibonacci retracement at 361.00 might trigger such downside potential.
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