octradr

Home Depot losing strength

Short
NYSE:HD   Home Depot, Inc. (The)
0
Home Depot recently broke its short-term support of 132.09 and a bearish divergence appeared on the weekly chart. This presents a good shorting opportunity with little risk.

The long-term trend is still up so cover if it breaks out past 138. 5/26 after close
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.