LONG SWING HOME DEPOT 1D
Updated
FUNDUMENTALS
weak earnings but bullish overall gives opportunity for discount buy.
TECHNICAL
1.On the 150 EMA that the price bounced the previous times
2.STOCKASTICKS oversold
3.Strong support at 215-218 level
wait for a confirmation of reversal
R/R is good.SL below the 150 EMA
weak earnings but bullish overall gives opportunity for discount buy.
TECHNICAL
1.On the 150 EMA that the price bounced the previous times
2.STOCKASTICKS oversold
3.Strong support at 215-218 level
wait for a confirmation of reversal
R/R is good.SL below the 150 EMA
Comment
Seems a bullish pinbar is forming but too early to be sureTrade closed: stop reached
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