peterbokma

HD-SELL strategy

Short
NYSE:HD   Home Depot, Inc. (The)
We are at a cross road at the top of the channel. Normally it may suggest we will break through it, but in this case we got a negative daily stochastic suggesting we should see lower prices in the near term.

The strategy is therefore, SELL @ 285-288 and take profit @ 257 for now.

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