srcontrol11

HD Trend Reversal

Short
NYSE:HD   Home Depot, Inc. (The)
HD has broken trend and appears to be over valued. Divergence suggested earlier that this move would happen and it has. A move down to a consolidation level would be my guess. I have no positions in this underlying but will get short on a retracement .5 or .618 level if price tries higher.

GL
Trade active:
Blew through retracement levels and testing Oct 3rd low. Trend reversal is more inclined thought process. Bearish approach at this point

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