Home depot looks going towards 240$ if this support donot hold
HD is looking to move 11.43 for this upcoming week. Double that for two standard deviation moves. I would look for a confirmation from the bottom before it continues it's way down. HD is only getting warmed up. Lots of downside coming. LOTS!
#SuakuFlowsWatchlist #LottoFriday 🎰 $HD C > 292.50 | P < 284.96 $LI C > 24.47 | P < 23.61 $NIO C > 16.89 | P < 15.79 Here're my levels that I'll be watching. These are high risk 0DTEs! 🚨 Keep positions small and take profits quick.
The PEAD projected a Bullish outlook for $HD after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Earnings watch 5/17: ONON SE DOCS QUIK TCS HD KEYS JD WMT LVLU Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt...
Since April, HD has been trading sideways in between 315 and 300 Price finally picked a direction and pushed towards 280 , making the 300 level a strong resistance. Last week we saw a first attempt to break above that resistance and failed, proving that it is a strong level (Also psychological level) Watching to see which direction it will resolve. Maybe another...
Home Depot, Inc. (The) ( NASDAQ:MSFT ) Sector: Retail Trade (Home Improvement Chains) Market Capitalization: $325.831B Current Price: $315.31 Breakout price: $319.40 Buy Zone (Top/Bottom Range): $313.75-$299.15 Price Target: $337.20-$340.60 (1st), $367.50-$372.80 (2nd) Estimated Duration to Target: 42-44d (1st), 99-106d (2nd) Contract of Interest: $HD 6/17/22...
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...
Main Pattern: Reversal H&S Daily Pattern: Descending Confirmation Triangle Short below 293
$HD slowly plunges since the beginning of this year. not much negatives news besides the overall supply chain issues and inflations. but the most reason why it took a dive is the short sellers. there's been high percentage of short seller since the beginning of this year making $HD to a bearish mode until now. but the percentage of short seller starts to fade...
Home Depot will and will always remain to be profitable and with the cost of goods increasing very quickly, well that just means sales will be through the roof and with the competitor being Lowes home improvement i don't think there's much to worry about.
If HD calls will work, I would like to see a quick move over the yellow line and over 310.
I was looking at HD on 1h and found that price is at a cheap zone as per the ProTrader set up. Any retracement above 298 is opportunity to go long. It will attempt to reach marked levels. Let's see how it works out.
$HD slowly coming back up after a long downward momentum similarly with $LOW. i personally don't know why it keeps going to downtrend with not much negative news. i believe the stock got over value and analyst tries to lower the price target to prevent the bubble to burst. with the inflation and shortage going in the nation consumer is creating a panic buying...
Home Depot is oversold imo, beat earnings and price of goods are steadily going up from building a fence to a simple DYI project like tile or carpet... tools are more expensive especially the power tools and well in general home depot should outperform Lowes.