Hit the trendline from the ATH today and closed the final gap from the April decline... Now looking at resistance from April top, the median line from the channel and peeking into overbought territory on the daily. Will probably make some kind of double top here so I'd at least wait for some kind of bearish divergence on the hourly chart before entering...
HD recently ran up on Buyback action, and it has stalled below the previous All-Time High. There is Dark Pool Quiet Rotation™ in the price action at this level.
Trend Following tips plot HD as a buy stock. Begin buying calls and if the trend consolidates, in four or five sessions, buy the stock. Calls permit to rescue the gap loss of the waiting for more evidence on trend, with low risk. I suggest 100 20SEP19 190 CALL.
21-Jun
Stock investing strategies
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
Supply-Demand(S&D) strength Trend Analysis: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations.
Today's S&D...
HD is forming a rounding up pattern, this is a strong pattern and is showing alot of symmetry on the chart. Looking for this to run up to $206 for %4 gain. With a stop alert around $194
2 bullish candles in a row. Not a ton of volume with those candles, but I think it's a pretty strong bullish signal. I'm looking for a small pullback for my entry into this trade.
As you can see in the graph above, we have Head And Shoulders Pattern, in one sentence which indication gives us? a head and shoulders pattern describing a specific chart formation that predicts a bullish-to-bearish trend reversal.
For this reason, we recommend a sell signal with a target of 170.
I don't usually play earnings roulette, but I was willing to with HD. They're a US domestic consumer goods retailer, and they're going to be the recipient of goods more favorably prices for domestic consumption than international trade.
The technicals look good, they've been growing earnings consistently, and membership on the DOW30 does favor them for having a...
We must have a look at the Bearish perspective on HD as we go into the much anticipated retailers earnings reports this week. Spring is like christmas to Home Depot, home improvements , and in particular planting season for gardener, this year however, mother nature has not been kind which will have a impact on earnings.
Secondly, longer term is it possible 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.
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HD
