Get started
Chartimistic

Home Depot Bearish Divergence Playing Out

Home Depot, Inc. (The) (NYSE:HD)  
Chartimistic  
NYSE:HD   Home Depot, Inc. (The)
Chart Patterns Trend Analysis Technical Indicators HD Weekly Charts breakdown bearishdivergence DIA SPX (S&P 500 Index)
6
0
chartpattern trendanalysis indicator hd weekly breakdown bearishdivergence dia spx
HD weekly chart had a bearish RSI divergence. The stock started breaking down on November 18th & has broken down through the support trendline this week as it nears the first potential pullback level.

There is a lot of call activity in this name today in the January 3, 2020, $230 calls.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.