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markethunter888
Sep 12, 2020 11:26 PM

Massive downside risk to Home Depot & Lowe's Short

Home Depot, Inc. (The)NYSE

Description

I think the all time highs for these 2 stocks are behind us and they should only head lower from here. Ive observed a repeating pattern for both these stocks which tell me a trend change is forthcoming
Comments
scheplick
Interesting idea. I did some shopping recently at these places though and was surprised by how crowded they were. Then again, maybe that was just a quick push higher.
markethunter888
@scheplick, yes im sure there was probably some pent up demand but I think there's far too much optimism baked into the price
oegedei
Nice analysis. Thank you.
markethunter888
@oegedei, most welcome !
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