HD Looking Bearish headed into earning

HD             tends to sell off coming into earning, so it's not surprise that HD             is looking more bearish than bullish with earning in a couple weeks. A close below the 122.01 support look for the retest for possible bearish entry. !22.01 is a strong support on the weekly, but then AGAIN SO WAS 123.50 (NECK LINE ON a triple top on the weekly). Yesterdays bullish candle looks like the retest of that neckline. If you look back to the pink arrows are areas that HD             broke down very aggressively, right around the 126 range. My plan is if HD             gaps up anywhere under 122.86 I will look for a reversal to the LOD prior day and look for a trade to TGT             . IF HD             gaps down wait for a retest where the arrow is.
However one candle could make this a decent buying area.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out