Trade ideas
HD should keep its bullish momentumHD shares broke through 52 week highs on large volumes. This should propel the shares higher.
Law of gravity - things eventually need to come down..Home Depot reached an all time high last night after months and months of climbing.
This was a beautiful sign for traders to take short positions and bring the stock back to correction.
Today at its opening, it dropped 2%.
Entry: $212.3
Exit: $209
Return: 1.5%
Home Depot breakout out!Home Depot NYSE:HD is the only stock in DJ:DJI that is breaking out this week.
Home Depot BreakoutHome Depot might break out if it makes it past the first yellow line. It will easily breakout to $203 if it passes the second yellow line***. I'm banking on HD making it to $225 within a month.
These estimates based on the C&H, H&S, and Historic floor/ceiling.
Cup & Handle VS Head & ShouldersDefinitely Head and Shoulders. I'm super new at this, if you see a way I can improve my chart please comment.
The stock will likely hit support levels from APR to MAY.
Home depot trade ideaAnalisa
Technical view:
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HOME DEPOT
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+ UPTREND masih valid
+ Harga pullback ke inner trendline
+ Trend daily ialah uptrend
Highlights
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Home Depot Posts Strong Earnings, Raises Its 2018 Guidance
Market Realist•August 14, 2018
Trade idea:
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BUY zone 180-183
Take profit 1 @ 210.00
Trail profit if price break out all time high.
Risk 2%
Anyone else seeing #RisingWedge on $HD? Might have a good pre-ER run but will be not be taking a position on this monster on ER.
HD - Potential for New HighsA bounce here would make gap fill and potentially new all time highs possible.
HD: One of the best looking c&h setupCannot get any more bullish than this. This one is JUST ready to blast off. Don't miss it.
Home Depot on its way to test the ATHlong after a horizontal resistance breakout, on its way to test the all times high. following a cup and handle
