a target possibility for HD in 4h timeframeif HD breakdown the channel, could fall down to target area.Shortby J_Chart221
Home depot - long opportunityTarget - green box Invalidation level - red lineLongby UnknownUnicorn3913760224
Home depot set top popI believe if hd goes above 279...it will reach mid 280 soon afterLongby pride21200
Is home depot waiting for 300 before earning ??Do you think HD gonna hit 300 before earnings ??Longby Double_A_trading0
HDHD 2-4+ Week horizon I see 2 channels on this chart. A main downward trend channel (blue) and the past month or two price action bounced from the 200ema and seems to have created a new upward channel (purple). For the 2nd time now, price action seems to be respecting the purple uptrend channel and hopefully it will remain this way for the next couple of weeks. Additionally price seems to be moving at the EMAs. Key area is 282-285 area. Around this area is where I see a resistance from 61.8% fib and the upper boundary for the downward channel (blue). If Price action breaks this area, there is a good chance of a target 2 hit and possibly reaching target 3. MACD histogram on the daily and weekly seems to be losing downward momentum for a possible bullish move. Stochastics on the daily time frame is at oversold level for a possible bullish move while around the 40 level on the weekly time frame. Also, summer is around the corner and with interest rates at at its lowest, I anticipate a lot of home buying, renovations, and new home constructions. Disclaimer I am not a registered investment advisor and do not offer investment advice and recommendation. All my post is not a recommendation, advise nor a suggestion and should not be used as a replacement for investment advice from a qualified licensed professional. All my post is for, information and entrainment purposes only. You, the reader, bear full responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.Longby mdd1002
Short Home Depot - CLASSIC Wyckoff DistributionThis chart is displaying a classic wyckoff distribution pattern. Keep a tight stop at $284. Targets 1-3 are on the .618, .5, and .382 retracement levels. Keep a cool head, this one will play out over the next couple months. Entry - $269 SL - $284 Target 1 - $235 Target 2 - $216 Target 3 - $198 R/R - 2 (T1)Shortby c4iv2
the b[AI]te's weekly insights -- HD 2021-02-01center stage image stock our system found that HD received the best image over the course of last week. comment image we see a week positive correlation with our image indicator. We therefore assume that prices are driven by facts rather than emotions and reflect an accurate picture of the companies current state of affairs. new free tool we launched our new free analysis tool. Check our website and test it out! new free and powerful data API you can now access our data via our free API. Check our website and test it out! FAQ ATTENTION our algorithms define ATTENTION as the overall number of stories and opinions that appear for a given security each day. IMAGE our algorithms define IMAGE as the averaged sentiment value extracted from all opinions received for a given security per day.by thebAIte0
HD golden zone opportunity?Recently broke out of daily downtrend line. Might be retracing into golden zone.by Jb_20
Home Depot catching the trend short HD has been a short idea due to macro situation and continues to trend short. Having the right Reward to Risk ratio and Money management remains paramount. Since we are not extremely late to the trend but still are late, one would be advised to take a smaller position size of maybe 1% - 2% of your trading portfolio. It also isn't the highest score trade as it lacks MACD confluence but it has a decent chance of turning out well. Shortby FlightschoolUpdated 2
$HD - perky!Green zone might get activated in anticipation of scheduled protest this upcoming weekend! Longby orb_trades0
Going Long HD for a 5 day swing tradeHD is looking very strong against the NAS100 and confirms with LOW. Looking to go long on the open in the am. Longby Hosuarkq3Updated 443
HD Starting the year strong with a bounce off support zoneHD lagged the last few months, just like AMZN and ITB, but the overall chart still sports a bullish configuration. Stock hit new highs in August and is above rising 200-day. Decline from high retraced 1/2 to 2/3 and formed a falling wedge, both of which are typical for corrections within a bigger uptrend. Stock is finding support from the lows extending back to late September. Expect a breakout and continuation of bigger uptrend. Re-evaluate on close below 260. Longby trendinvestorpro110
Home Depot Earnings Play Good support line. Consolidation almost complete and ready for earnings rally. Longby JustinLev1
$HD looks great this week, targeting 278HD bouncing off that demand, tight, ihs, whatever confirms ur bias its bullish. Longby imbes1