$HD Bearish Swing Trade PlanGreen Line - Entry Target Red Line - Exit Target Pink Line - Stop-Loss Highly suggest using Google to Search "Transparent Traders" if you're trying to get to the next level. Transparent Traders exists to solve the critical issues facing our traders, both large and small. Our unique approach is not only what differentiates us, but also what makes us successful. Our advanced Blackbox uses custom algorithms & predictive A.I. to locate the most accurate day or swing trades for the best chance of success. Shortby jonny_red321
$ HOME DEPOT - Price is consolidating after a strong move up from March lows. - It will be important to monitor any break of the range for a possible pullback or continuation of the move. - Long entries around $265 are favoured, below the 200ma will be viewed as bearish. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. NYSE:HDby Trader-Dan0
HD bearish scenario:🌟HD bearish scenario: We have technical figure Triangle in US company The Home Depot Inc. (HD) at daily chart. The Home Depot, Inc., commonly known as Home Depot, is the largest home improvement retailer in the United States supplying tools, construction products, and services. The Triangle has broken through the support line at 18/11/2020, if the price holds below this level we can have possible bearish price movement with forecast for the next 4 days towards 263.44.00 USD. Our stop loss order should be placed at 281.29 USD if we decide to enter this position. 💚fundamentals- The retail sales report released by the Commerce Department showed spending decelerating as the holiday shopping season approaches amid a lack of forthcoming fiscal relief from Washington.by legacyFXofficial1
$HD with a bullish outlook projectedAfter a Negative over reaction following $HD earning release, the PEAD projected a bullish outlook placing it in Drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us. Longby EPSMomentum2
Rectangle Earnings 11-17 BMORectangles are a continuation pattern as a rule but can break up or down like a symmetrical triangle Earnings in am HD has pierced bottom trendline of a RW at 266ish but did not dwell there long Mid rectangle is 277.88 which would be a possible stop whether this breaks up or down Good luck!by lauraleaUpdated 1
Home Depot: Time to Watch: USA Home Depot: Time to Watch: USA A Profit & Solutions Strategy by Sunstorminvest0
Consolidating for next leg upHD was on a great run and looks to be building a base for the next leg up. Can play from 278.49 to the top of the box or at a break of 292.51. Short below a break of 261.13.by SpinTrades0
Home Depot. Long from 265$ to 300$. Easy MoneyMonthly In Uptrend since 2012 Weekly Doube Top on Uptrend Wait for correction on Fib 618 In uptrend then wait for buy Daily Flat Clear Divergency by RSI =Wait for correction down, also Harami bar confirms it. When correction is ended From w1 of 2021 I will open Long OPEN 265$ SL 250$ TP 300$ will reach in April 2021. TP2 330$ RR 2.71Longby DmitryZZZ3
RectangleStop would be mid rectangle whichever way rectangle breaks/above or below MR Targets listed for up and for down A rectangle pattern is not completed until a break out has occurred A Rectangle is a continuation pattern that forms as a trading range during a pause in the trend. The pattern is easily identifiable by two comparable highs and two comparable lows. The highs and lows can be connected to form two parallel lines that make up the top and bottom of a rectangle . Rectangles are sometimes referred to as trading ranges, consolidation zones or congestion areas. I have noticed sometimes a stock breaks out of rectangle only to return to it..IE Visa HD was also in a rising wedge pattern but has dropped out/pierced bottom trendline at 271ish Not a recommendationby lauralea0
Home Depot almost at breakoutHi guys, I am still very new to graphing trends, so any advice would be greatly appreciated. Please do let me know what I am doing wrong and how I can improve on this analysis for all the more experienced ones out there. Thank youby newbgains1