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 |...
Price appears to be struggling at a resistance level and is boxed in right now.
Possible Ascending Triangle formed which is neutral until broken.
A Bat pattern noted, crooked M which is bullish but price keeps hitting the resistance line, so has not broken as far upward like most Bullish Bats do.
A bat has peak 2 lower than peak 1 and the 4th leg down should...
🐂 Trade Idea: Long - HD
🔥 Account Risk: 1.00%
📈 Recommended Product: Knockout / Option
🔍 Entry: +/- 306.27
🐿 DCA: No
😫 Stop-Loss: 284.29 (or 294.65 for aggressive trade)
🎯 Take-Profit: 327.27 (50%)
🎯 Trail Rest: Yes
🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no...
The U.S. housing market is taking off -- at least according to yesterday’s data (starts and permits). However one of the biggest companies in the sector is still negative on the year: Home Depot.
The first pattern on today’s chart is the bearish gap on February 21 after sales and guidance disappointed. HD has recently started probing the $305.55 opening price...
Home Depot has formed 3 Rising Valleys at a Support Level with the Confluence of the 200 Week SMA and Hidden Bullish Divergence. I think it could eventually break through the trend line and go up to $400
AMEX:DIA looks solid, HD is one of there holdings. Closed last week with a hammer on the weekly. I like the 305-310C for 7/21. Let me know your analysis on HD this week!
According to TipRanks, the average price target is $315.25 with a high forecast of $360.00 and a low forecast of $276.00. The average price target represents a 7.81% change from the last price of $292.40.
I just arrived to Home Depot to get $50 of stuff. I come here once a week for DIY things. It is Saturday but the parking lot is packed crazy like when middle Covid home improvement blitz. So I pull it up on trading view and see the benefit of premium level - the head and shoulders sitting there drawn up. I would assume my personal experience is worth 000000 so...
Idea: Long
Horizon: 1-2 weeks
Target 1: 303.34
Target 2: 308.57
Target 3: 313.8
Potential of the idea: 60%
Stop order: $286.7
Technical analysis
HD is in a sideways movement, the price made a deviation from the bottom and we got a reaction from buyers. We expect that the price will come to the upper boundary of the sideways movement at least, after that a...
