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Seasaw_markets
Apr 1, 2021 11:31 PM

Home depot---> the last breath Short

Home Depot, Inc. (The)NYSE

Description

HD has formed a reversal pattern today with hammer on top with decreased volume indicating bull exahution, also divergence on indicator. I believe it will start to fall from next week


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Comments
adam199631
Boy this one keeps fkkken me well but I will take my revenge soon. I doubled my short position today can't wait this to go down.
Seasaw_markets
@solijons1996, i think today was the reversal signal. It should go down next week
Only_Losses
@aksfintech, what's your target for next week? I'm seeing a PT of ~300 then around 290. Not sure if this will be a slow burn or an elevator down though.
Seasaw_markets
@arjunkshahi, i think 292 is easily achievable,
CashRulez
@arjunkshahi god i hope a elevator have 4/16 puts 🤣💵🙌🏽
Seasaw_markets
this did not go well, biden stimulus package and job report was announced that pushed market higher. whenever news is there then technical analysis fails
yasinmalakayasin
I am bearish on this stock and when the MACD cross I thinks it can go down to about 270 dollars in a few weeks thinking about that the 7 days RSI is currently 86 I think that this stock is heavanly overbought,what do you guys think about this stock prediction is it unrealistic?
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