ThomasHagg

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About me Trader, Individualist, Cooperative-Agorist
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Markets Allocation
100 % stocks
Top Mentioned Symbols
HD 100% | 2
ThomasHagg ThomasHagg HD, D,
HD: Continued Review of the possibilities in Home Depot
55 0 1
HD, D
Continued Review of the possibilities in Home Depot

Seeing the way the MACD and MFI is acting, I would say there is significant risk to the downside. However if you are already long from the recent low, then I would probably look for a continuation of the more obvious trend Could we see a retest of the recent large red candles midpoint? Possibly. And then either re-enter the bearish channel or chug through the ...

ThomasHagg ThomasHagg HD, D,
HD: Home Depot at flaglike decission point - Will we tumble or jump?
41 0 0
HD, D
Home Depot at flaglike decission point - Will we tumble or jump?

Home Depot has declined slightly in the bullish trend. It is sitting in a flaglike pattern while Stochastics is coiled as well. Volumes are sinking and thus not giving much info. We have a candlestick reversal-pattern, signaling 116$+ level is potential first target if we break through channel possibly on the coiled Stochastics breaking up. If we start to tumble ...

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