I bought NAIL in the pullback this morning as I believe this is a retest of the breakout in the downtrend. The daily indicators also look strong right now. I'm keeping a stop just below the previous lows at 62.94 since if this is a bull trend now, it shouldn't break that support. I believe around a 30% gain is possible in this breakout if you can be patient. Good luck!
The chart posted is a clear wave structure we have ended a abc decline into a 50% pull back we are just starting this advance it should last 4 to 9 weeks with an avg of 7 weeks up new high are confirmed .best of trades WAVETIME
Short term outlook. One goal only. Bearish outlook for gains at 380 Flat in formation, nearing completion. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than...
The technical figure Triangle can be found in the US company The Home Depot, Inc. (HD) at daily chart. The Home Depot, Inc., commonly known as Home Depot, is the largest home improvement retailer in the United States, supplying tools, construction products, and services. The Triangle has broken through the support line on 08/01/2022, if the price holds below this...
$HD is going to breakout soon,, and also clearly uptrend daily & weekly candlestick
Another five wave impulse is finished, divergences are present. We are bound to fall. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident...
The pandemic forced many companies to send their employees to work remotely. Millions of employees who were used to appearing in their offices every day had to make significant adjustments to their work. Home Depot stock ended the Dec. 7 trading session at a record high of $416.18 per share. The home improvement dealer has been a jaw-dropper winner since the...
$LOW $260 bounce (Bounce off 260 for calls) Technical analysis: Bull flag breakout on the hourly chart News catalyst: "Lowe's holds a Financial Outlook event. The home improvement retailer is expected to focus some of its commentary on operating margin opportunities. Expect some analysis following the event on whether or not Lowe's can close the margin gap...
Home Depot inside day and couldnt break above the previous day high and fell back. There is a chance that we rotate back to industrials this week and HD sees a bounce over the inside day high but im preparing for shorts below $406.00
$HD Target 358 Target 2 300 @Ddknight12 —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun,...
Home Depot , iterated to go long in the 330's. Now in the 400's. This one has been on a tear! Looks to be targeting 420 or so based off the fibs.
Home Depot ($HD) is flagging and looks ready to break out. First target is looking to break above the flag and then to lift that past the next fib level of $375. If we can close above $375, there is room to $420.
Asmall wave 4 pullback just ended look for a 5th wave up to 381
Just another never-down STONK. *valuation matters Small caps with revenue growth and profit NOW matter most in rising rate environment. #cannabisreform $GNLN #thegem #MSOgang
If we can hold and close above 319.80, we should be able to see a push back up with a gap fill.
HD has strong fundamentals & has just begun an uptrend. Set a stop loss at the indicated line when opening the position. On breakout of resistance line go to trailing stop loss. Roughly 2:1 risk to reward ratio. HD is sensitive to moves in SPY which has been tempermental lately so keep that in mind as you trade.
Numerous traps but the last the most crucial, chances are to keep on , marching higher, it should be quick or fade.