Hello There!
Welcome to my new analysis about HD on several timeframe perspectives. As the whole stock market is moving into a decisive phase where more and more mixed sector stock developments emerge with many sector stocks to increase a bearish possibility while others still remain in a major bullish condition it is highly necessary to consider those stocks...
HD looking to drop to 302$ ish, maybe slightly further using the teal diagonal line. HD is one of my long-term dividend/safer holds that I plan on holding for a very long time. I use these charts to help with entries and DCAs after deciding on my thesis. HD has had 3-4 amazing opportunities on the purple support line which is where I started to build my long-term position.
Hello Traders Investors And Community, welcome to this analysis where we are looking at the stock value HD 4-hour timeframe perspective, the current formation and what to expect from this stock the next times. Although HD has formed some new highs it is struggling at the moment as the volatility gets extremely low and the price weakens it can be possible to...
Homebuilders were a surprise leader in the first half. But with interest rates staying high, bears could be moving into the neighborhood.
Today’s chart focuses on Home Depot. Similar patterns appear on related charts including NYSE:LEN Lennar, NYSE:PHM PulteGroup and NYSE:TOL Toll Brothers.
The first issue is potential bearish divergence. HD made a...
HD hasn't been able to break a strong resistance level. The uptrend channel has also been breached. Likely to go up and down near the resistance level before losing power and breaking down.
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 Inc (HD) is trading within a Channel Up since the May 16 Low, strongly supported by the 1D MA50 (blue trend-line) following a 1D Golden Cross. The pattern is quite similar to the October - December 2022 bullish Channel and as a result we treat this as the last strong buy opportunity before the Resistance Zone test. Our target is its top at $347.65....
Home Depot (HD) reported earnings of 4.65 per share on revenue of 42.92 billion for the fiscal second quarter ended July 2023. The consensus earnings estimate was 4.46 per share on revenue of 42.25 billion. The company beat expectations by 4.03% while revenue fell 2.00% compared to the same quarter a year ago. The company said it continues to expect fiscal 2024...
If you haven`t sold HD here:
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 $325usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $7.15.
If these options prove to be profitable prior to the earnings release, I would sell...
Home Depot, Inc. (symbol ‘HD’) share price has made some profits in the second quarter by just over 10%. The company’s earnings report for the fiscal quarter ending July 2023 is set to be released on Tuesday 15th of August, before market open. The consensus EPS is $4.46 compared to the same quarter of last year at $5.05.
‘The company is currently performing...
The PEAD projected a bullish outlook for NYSE:HD after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
This is HD range focus price points
I set major trends within the white line levels of the fibs. Wtching this double bottom run u to retest 327 to see if ti rejects or can continue for a run up to 353
🔹Breakout the horizontal trend channel in the medium long term.
🔹Breakout a double bottom formation
🔹A decisive break of the resistance 302, continue looking at next resistance 322.
🔹Technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle |...
