OptionsRising

House fixing and furnishing is done - HD swing puts

Short
NYSE:HD   Home Depot, Inc. (The)
Homes were renovated, appliances were upgraded, and new homes were furnished. This does not happen annually. I am looking for HD and other related stocks to cool off. This 321 area is a good place to enter swing puts.

The 14-day RSI shows a dip below 33.33 (yellow circle), which means I am looking for this move up to stall soon (RSI pink circle) and turn down. Stochastic is also elevated and I am looking for it to also turn down. If price wants to go higher, then these indicators could stay elevated, but I will stop out with a small loss.
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