vlad.adrian
Long

Home Depot - Slowly trending higher

NYSE:HD   HOME DEPOT INC (THE)
94 0 3
A glance at the weekly chart and one thing is obvious. When HD             starts trending, it usually lasts for a long time. As highlighted on the daily chart , there is a very long consolidation that took place in 2014. This should provide thrust for further gains.

On the daily chart , the Force Index is oversold, and we have a corrective double bottom which, for a stock that moves slowly like HD             , is a perfect entry signal. The impulse is still red, but on Friday we have a bullish engulfing candle. Price will probably gap higher on the open, turning the impulse from red to blue.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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