TradingNomadic

$HD Home Depot Bullish Shark

Long
NYSE:HD   Home Depot, Inc. (The)
Posted this one the other day, but wanted to follow up.

Clear impulsive wave down with a 1.13 Bullish shark to reverse momentum.

Reaction and confirmation low, with clear accumulation and a bullish engulfing candle on the 4HR here.

ADX & OBV bullishly diverging

Expanding volatility with a clear upside direction.

RSI nearing the control zone with the money flow and STOCH both coming up as well.

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.