Top trendline was drawn weeks ago and just extended out of curiosity. That trend has held up pretty well having only been crossed once. We'll have to see if it holds again. Going back to July 31 with last rate cut by Fed we saw some red. If that's indicative of what's to come with this expected cut, this could set up perfect for a LARGE drop. Top trendline goes...
HOME DEPOT HAS FOLLOWED A VERY DISCIPLINED CHANNEL, IT IS OUR OPINION THAT THAT IS SET TO CONTINUE AND THE NEXT MOVE WILL BE BULLISH TOWARDS THE $220 RANGE BEFORE CONTINUING TO HIT TOP CHANNEL RESISTANCE AT APPROX $230
TRADE SET UP PRICE TARGET $220
Home Depot was downgraded ... it's already down about 1.3% pre-market.
Looking at the 4 hour chart, HD has been in an ascending channel since December of last year. It recently bounced off channel resistance, and this downgrade might cause it to fall to channel support.
In addition to the channel, notice that the RSI is overbought. Combine all that with the...
This chart is messy, but please bear with me, as the analysis is too good to not include. To clean it up, I removed all indicators, but please note I do include indicators in all of my analysis. I was trolling HD all day yesterday waiting for the perfect buy signal. While I did time the low perfectly (highlighted triangle projections from morning yesterday),...
Best buy when spx goes for a pull back. With hurricane in florida and rising housing, this company will likely see growth in their business financials.
Will be posting Model B shortly because I see an accumulation cylinder in the chart, which means this stock could perform 3X spx.
Home Depot is running well at the moment registering as a strong buy on the Trading View TA signals. Another one breaking out over old highs. Worth a watch.
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various...
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 222.60
• Take Profit Level: 226.60 (400 pips)
If the...
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. Its DIY customers are home owners purchasing products and completing their own projects and installations. The Company assists these customers with specific product and installation questions both in its stores and through online resources and other media designed to provide product and project knowledge. Its DIFM customers are home owners purchasing materials themselves and hiring third parties to complete the project or installation. Professional Customers are primarily professional renovators/remodelers, general contractors, repairmen, installers, small business owners and tradesmen.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
HD
