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WinnerTrader99
Dec 1, 2019 4:24 PM

$HD Broken trend with huge volume suggest further decline to 214 Short

Home Depot, Inc. (The)NYSE

Description

Strong drop from the top at 239.3 broken YTD trend - test and confirm break - most of indicators are over sold as it has more than 10% correction from recent top . its looking to close previous gaps at 214.8 - 208 -204 stoploss for this idea at 223.5

Trade active

Break down previous bottom

Trade closed: target reached

Comment

Comments
svp1984
Unlikely, See a doji from Friday along with strong buy to fill gap. Looks Bullish.
WinnerTrader99
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