vlad.adrian
Short

Home Depot - Double top

NYSE:HD   HOME DEPOT INC (THE)
72 2 2
HD             is a slow trending stock, it has been in an uptrend forever. That is why I want to take profits quickly, and not look for a serious correction.

Double top on the weekly chart with a bearish divergence, blue impulse. A broken H&S pattern on the daily and red impulse.

I am looking for price to reach value on the weekly. Note that the US market looks bearish right now.
I'm short from earlier today, I agree.
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Good call ;)
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