HD Head and Shoulders pattern to the downside for 30 point move Short

Home Depot, Inc. (The)NYSE

Description

⋅ Jun 27, 2018 7:23 PM

Looks like a possible 30 point move to the downside on a head and shoulders pattern once short term uptrend line is broken. This would coinside with Fib Retracement level and Stochastic direction as well.

Chart Patterns

Comments

WasabiEater

⋅ Aug 15, 2018 3:13 AM

If you look at the 1 year view, couldn't it be a 52wk cup&handle?

fsrelax

⋅ Aug 15, 2018 2:16 PM

@WasabiEater, could be. We'll have to wait and see I guess.