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MarketSeaman

LONG SWING HOME DEPOT 1D

Long
Home Depot, Inc. (The) (NYSE:HD)  
MarketSeaman Updated   
NYSE:HD   Home Depot, Inc. (The)
Trend Analysis Technical Indicators Chart Patterns
4
0
trendanalysis indicator chartpattern
FUNDUMENTALS
weak earnings but bullish overall gives opportunity for discount buy.
TECHNICAL
1.On the 150 EMA that the price bounced the previous times
2.STOCKASTICKS oversold
3.Strong support at 215-218 level
wait for a confirmation of reversal
R/R is good.SL below the 150 EMA
Comment:
Seems a bullish pinbar is forming but too early to be sure
Trade closed: stop reached
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