HD long swing opportunityBouncing up near strong support level. RSI low, MACD crossing, wait for price closing above 9MA for confirmation. Analyst target price average at $309.57.Longby MichaKlawitter0
HD - long swingHD Wait for bullish action confirmation and aggressively adjust stop-loss. Potential early exit at $286 price pointLongby xkouki111
Reversal candle on dailywatch for a relief bounce here, bottom of range and a nice daily reversal candleby Option_Traders2
Tight stop loss, be careeeeeful I like the set up. Price seems to be in a major support, so I think a rebound would be feasible. The really tight stop loss give us little to loose and the bigger resistance seems to be far. Amazing risk reward ratio, so I am in! Always with stop loss tho. Longby manugav0
3 month H&S completed in home depot; expect a sharp move in decYou can watch this in conjunction with my Lowe's trade posted below. Essentially they're a play on the same industry and overall market crash in dec; (they're price is strongly correlated to the general market). Choose whichever one works better for your risk management. Like always, thanks for the constructive feedback Short15:12by markethunter8884
HD Bottom RangeHD at the bottom of its range showing bullish divergence on the MFI. If you know me I am a firm believer in divergence at within a range. The best combo is bottom range + bullish divergence. by JoeRodTrades2
$HD - Home Depot bottom of the rangeSimple. Home depot is at the bottom of the range and is ready to bounce up to at least 268 with a chance to 278. Buy the bottom.Longby leenixusu332
HD Get ready for bounce HD has been in this range since months... good to go LongLongby sairahulmuda4
Beautiful setup here on HDHD seems to have a pattern. Entry is the break of the golden box. PTs are the the greenlines, by 12/31 the latest. SL: fall under lowsLongby OBaderr0
HD bounce correctionHD now in a correctional level. Since Sept it has bounced off these same levels. Earnings good, Price target raised yesterday from $300 to $320 by Morgan Stanley. Everyone received their dividends, last time it did this, it had a massive drop to correction as well and recovered fast. Way past FIB retracement buying area also. Long calls scooping up here.Longby HeavyCr3am6
Potential Short Trading Idea for Home Depot (HD)Using the Paul Bratby xBratAlgo 6* SELL Signal for HD on the Daily Time Frame, I have put together a stocks trade idea, short on HD . Looking for a breakout of the Range Bound period to the downside with confidence of the highest graded short signal for the trading algo. Concerns of the short term support, but being aggressive with the trade management strategy should reduce risk.Shortby xBratSoftwareSolutions4
HD SupportAs always, you can decide whether this trade fits your personal criteria. Home Depot is currently at a support level that has been tested four times, giving it potential to rebound upwards. Longby justinsandell0
HD LongIn Uptrend consolidation PlanA: At bottom of Sideway Consolidation Entry 263 stop 260 Target 310 PlanB: Demand Zone below Sideway Consolidation Entry 251 stop 245 Target 292 I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.Longby PlanTradePlanMMUpdated 5510
$HD on strong supportHD is now at very strong support. I'll be watching it for a reversal for calls or a break of support for puts. by UnknownUnicorn85685790
HD - More saving, more doing!Welcome back to another dow30 stock analysis, this time featuring home depot! NYSE:HD Home depot counts to the companies who made massive profits because of the corona crisis. The company more than doubled it's stock value since the march bottom and will very likely grow further in the next years. Home Depot is currently trading sideways and didn't made a impressive move upwards or downwards in the last 100 days. A solid triangle formed in this time, because of this i expect that we are currently in a wave 4. Because Home Depot left this triangle the way is now free for a final correction in the read wave C. From there on i will announce an entry for the upcoming months. Primary scenario: In the next days we will correct to atleast 250$-230$ and will establish a bottom. From there we will start the wave 5, which will bring us to prices above 320$ or even more. Alternative scenario: My alternative scenario will get triggered if we break the previous the upper triangle line. The bulls will Home Depot directly to prices above 320$ and we won't see another correcting in the upcoming days. =================================================================================================================== If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.Longby Mendenmein-Capital3