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Peet_Serfontein
Mar 11, 2024 2:10 PM

HD: a deeper correction waiting to unfold? Short

Home Depot, Inc. (The)NYSE

Description

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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