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Home Depot coming back home. HD Short term outlook. One goal only. Bearish outlook for gains at 380 Flat in formation, nearing completion. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:HDShort
by Rykin_Capital
Home Depot 5-7% correction!The Rewards to risk ratio is not favorable! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NYSE:HDShort
by Moshkelgosha
7
Another Money Shifts is about to happen in the market..!I would like to start this forecast with this Peter Lynch quote: “In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” It means, the best traders are never right all the time, they make losses too. Focus on getting more trades right than wrong and you’ll be considered successful. Having said that, If you want to increase your chance of success you need to evaluate the market situation, individual sectors and industires; and then find the best stocks with the highest chance of appreciation to go long and highest chance of depreciation to go short! I monitored Waren Buffet's porfolio and Berkshire performance for a year and compared it with Nasdaq 100 and find out a possible top in BRK.A could be an early sign of the end of Nasdaq 100 correction..! BRK.A vs NDX: (Some times there is value in a comparing Apple and Oranges) In my Dec 16, 2021 analysis (Editor's Pick) I mentioned: Based on the pattern in the charts and the past 2 days of high volatility in the market, the most probable scenario could be a complex correction and a shift from tech stocks to Banks, Energy, and Telecommunications. Please review the performance of these sectors in the past 3-4 weeks! Now let's review the current situation: Based on my current observation Value stocks started forming top patterns: Example: NASDAQ:COST NYSE:UNH NYSE:HD NYSE:KO NYSE:MCD Berkshire owns all the aboe mentioned stocks except UNH! Conclusion: I think there is a good chance we see shift from value stocks to Tech stocks once again in the next one or two weeks which could push them up around 5%! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NYSE:BRK.AShort
by Moshkelgosha
3
Home Depot Pivoting. HDAnother five wave impulse is finished, divergences are present. We are bound to fall. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:HDShort
by Rykin_Capital
Home Depot | Fundamental AnalysisThe pandemic forced many companies to send their employees to work remotely. Millions of employees who were used to appearing in their offices every day had to make significant adjustments to their work. Home Depot stock ended the Dec. 7 trading session at a record high of $416.18 per share. The home improvement dealer has been a jaw-dropper winner since the start of the pandemic as people diverted their spare cash to improve their homes. Since March last year, Home Depot stock is up 160%. Since the stock is still close to its all-time high, you might wonder if Home Depot is a good investment at the moment. The company posted another fantastic quarterly earnings (for Q3 ended Oct. 31), surpassing Wall Street consensus forecasts on both the top and bottom line. Revenue of $36.8 billion and diluted earnings per share of $3.92 were 9.8% and 23.3% higher than the previous year, respectively. Same-store sales were up 6.1% year over year. Considering the harsh comparison to last year`s Q3, this was a great report from Home Depot. For the third quarter in a row, sales from professional customers, which include contractors, plumbers, and electricians, outperformed the DIY segment. During the pandemic, consumers refrained from more complicated projects since they weren't comfortable letting outsiders into their homes, but that dynamic has since changed. Almost half of Home Depot's sales come from professionals, so it's great to see this cohort of customers successfully recovering. Although customer transactions were down 5.5% in Q3, the average ticket size was up 12.9%, due in part to inflation across some product categories. Home Depot's operating margin was 15.7% and its ROIC) was an excellent 43.9%. Operating margin and ROIC outperformed competitor Lowe's since Home Depot has a larger Pro business, with professional contractors who frequent the store and spend more, resulting in better financial performance. As per management, Q4 got off to a fantastic start. "Combined sales for the first two weeks of the fourth quarter are slightly higher than the entire third quarter," Chief Financial Officer Richard McPhail said during the third-quarter earnings call. One of the essential tendencies contributing to Home Depot's business growth is rising home prices. Due to the U.S. housing shortage, median prices in October rose 13 percent year over year to $378,700, marking the 15th consecutive month of double-digit growth. The popularity of remote work has made many Americans reassess their housing conditions, which has supported activity in the housing market as well. Growing prices are having a wealth effect on consumers, who are looking at remodeling projects as an investment in their homes. Using skyrocketing equity is one way to finance projects. According to CoreLogic, U.S. homeowners with mortgages added $3.2 trillion in home equity in the third quarter, a 31.1% increase over the previous year. And even if the Federal Reserve plans to raise interest rates at some point in 2022, they will still be at historically low levels. So this is hardly a potential obstacle to Home Depot's business. Nevertheless, if consumers shift their spending away from home improvement projects to other retail categories, demand for Home Depot could dilute. This would surely put pressure on the company's stock. However, based on last quarter's financial performance, the company's momentum could not be stronger at the moment. As of Dec. 15, Home Depot stock was trading at a price-to-earnings (P/E) ratio of 27, the second-highest in a decade. The P/E ratio in the S&P 500 is nearly 29, so Home Depot looks like an engaging stock to own based on that comparison alone. But the company's business is much better than the average company, which strengthens the bulls' argument for the stock at the moment. With consistent revenue and earnings growth throughout its long history, Home Depot has already evinced its investment merits. And with its enormous scale in the home goods industry, the company is a fundamental part of today's U.S. economy. Even near its all-time high, the company's stock deserves serious consideration as an investment for your portfolio.
NYSE:HDLong
by FOREXN1
2
GALA=1$ Here is why...Hello every one GALA/USDT GALA has Done a Massive Pump Due To It's Great Gaming Project But It seems It can Increase Pretty Easily once again! As you can See The Price of GALA has Been Decreasing after It has created a New ATH a few Days ago! But This Correction has Formed a Bullish Pattern which is a Bullish Pennant pattern! The Break out has not Happened yet So we can not Be sure weather our Predictions Will come True Or Not! But If The Break out happens Upwardly, We can See GALA to Reach 1$ Pretty Easily and Afterward Probably 1.10$! There is also a Hidden Bullish Divergence (+HD) On MACD as well Which Helps The Bulls To Make a Decision . Summery: -GALA's Bullish Movement is Not Over! -Bullish Pennant is visible on The Chart. -No Break out! -Easy Target=1$ -Resistance at 1.10$ -(+HD) on MACD 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
16
$HD Analysis & Key Levels $HD Analysis & Key Levels Things might get a little dippy from these heights… Higher probability to the downside… Technicals will bring this down to earth in a fury I think… Lots of nice targets below… —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!! (\_/) ( •_•) / >🚀
NYSE:HDShort
by SPYder_QQQueen_Trading
8