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$HD Home Depot Bullish Shark
Home Depot, Inc. (The)
Long
$HD Home Depot Bullish Shark
By TradingNomadic
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May 4, 2022
0
May 4, 2022
Posted this one the other day, but wanted to follow up.
Clear impulsive wave down with a 1.13 Bullish shark to reverse momentum.
Reaction and confirmation low, with clear accumulation and a bullish engulfing candle on the 4HR here.
ADX & OBV bullishly diverging
Expanding volatility with a clear upside direction.
RSI nearing the control zone with the money flow and STOCH both coming up as well.
Chart Patterns
Harmonic Patterns
Wave Analysis
TradingNomadic
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