Conservative Investment Trend Trade HD Long

Updated
Monthly Trend Trade
" + long impulse
+ 1/2 correction"

Daily Conservative Trend trade
"+ long impulse
+ 1/2 correction
+ ICE level
+ support level
+ biggest volume Sp"

Calculated affordable virtual stop loss
1 to 2 R/R take profit

Broker set up:

May-20-2024
Buy HD at Market (Day)

May-20-2024
OCO 3A: Sell HD Stop at $332.37 Limit at $337.86 (Good 'til Canceled)
May-20-2024
OCO 3B: Sell HD Limit at $348.84 (Good 'til Canceled)
Trade closed: target reached
Funny story - HD didn't go my direction, so I put it to break even and waited.

On June 12nd it gaped and closed me at $347.03 which gained me over $9 per share.

Plus, on June 13th I got paid dividends.

Good deal!
Chart PatternshomedepotTechnical IndicatorslongsetupstoplosstakeprofitvolumespreadanalysisVSAWave Analysiswaveswyckoff

Also on:

Related publications

Disclaimer