NEW BASE created for new GROWTH.
With a company like HD with solid fundamentals -- this should be a no brainer be part of your portfolio.
KEY NOTES: MONTHLY DATA
HIGHER Lows on monthly data:
Double bottom rebound.
78.6 FIB level touch (bargain), currently bouncing off with precision.
Monthly descending trendline BREAK. Huge hint.
Massive net buying volume at...
Home Depot ( NYSE:HD ) reported disappointing first-quarter earnings and revenue that missed Wall Street's expectations. The company is experiencing customers deferring major home projects due to high interest rates, which has led to a focus on building its business with professionals, including through its acquisition of SRS Distribution. The company expects...
It is very problematic when you look at the after-hours screen then you see
that gosh you was wrong on your prediction
--
The truth is this is not a prophecy you can be wrong on any price action
so always keep an air of doubt in your thesis
--
An announcement was made on public news that This stock might suffer because of low sales for the year the earnings report...
These analysts are wrong , wrong, about the rating given to this stock on the short term,
also, can you imagine how come that some investors are actually going to
screen this stock based on analyst ratings?
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This is why am not a fan of analyst ratings
Do you follow analyst ratings?
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This not the way for you
look at this chart and notice that the price has hit...
If you haven`t sold HD before the previous earnings:
Then analyzing the options chain and the chart patterns of HD The Home Depot prior to the earnings report this week,
I would consider purchasing the 350usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $5.85.
If these options prove to be profitable prior to the...
Hello
After Oct 2023 HD started to make a rally and now it seems that it is tired and reversed but I do not confirm a bearish market for HD unless I can count a bearish impulse wave. According to the chart, wave 1 and 2 minor ended and we in wave 3 unless it was an abc and trend continutes to its bullish movements.
What makes it clear for us is that we can...
Home Depot (HD) gave us last time (October 09 2023, see chart below) an excellent buy opportunity that quickly hit our 326.50 Target:
The Bullish momentum was so strong that it broke above the Triangle pattern and gave way to the emergence of a Channel Up. The recent 30 day correction since the March 21 High, can be technically seen as the new Bearish Leg of...
Home Depot, like other equities, experienced a sell-off in recent weeks. However, it has found support at a key level. I'm establishing a position with this key level as my stop-loss, anticipating a week or two of recovery.
We expect that the Home Depot stock will drop further until the current wave (B) concludes in our Target Zone (coordinates: $321.10 – $288.12). After the low is settled, we reckon with a bullish trend reversal, which is why our Zone presents an opportunity to take on long positions. It should be noted that it is also 29% likely for the low of wave alt.(B) to be...
Home Depot, Inc. (HD) exhibits a confluence of bearish signals across multiple technical facets. Our comprehensive analysis deciphers the intricacies of these technical indicators to project potential future movements.
Technical Indicators:
Ichimoku Cloud Analysis:
HD's price action breached below the Ichimoku Cloud, a bearish signal indicating the possible...
Home Depot Inc (HD) stock is gaining momentum and could reach between 410 and 420 in the second quarter of 2024. However, there might be a short-term dip, with potential buying opportunities in the range of 370 to 375.
NYSE:HD
I wonder if this ends up being a double-top for Home Depot?
I would watch lumber prices, it tracked lumber quite closely last time, if lumber fades soon it could signal macro-economic weakness in the economy, which could lead to lower bond yields and lower stock prices together. Watch closely my friends.
Home Depot ( NYSE:HD ) said Thursday it will open four new distribution centers as it drives more sales from remodelers, contractors and other home professionals.
The new distribution centers are expected to open in the first half of the year in Detroit, Los Angeles, San Antonio and Toronto. They make room for the bulky size, wider variety and larger orders of...
