Home Dept. Natural disasters go-toHurric Arthur towards North Carolina expected decline Past: Hurricane Sandy @ east coast by coopfxPublished 0
Is HD distribution phase coming to the head?Using Volume Price Analysis, I have established a sell line or 21 days where the insiders have sold heavily. Watch for the negative media to start ragging on home improvement or HD in particular. Symmetrical Triangle forming. Looking for it to break to the downside.Shortby scttashPublished 110
HD 11/4/13Pretty self explanatory this is only a short term move but could very well turn into more than a correction if the DJIA goes sour.. GLHT from Jimmy GomezShortby JgoPublished 0
homedepot, lowes, or xhball three have moved this year, just taking a different path to get here, all outperformed spy.by khbokerPublished 0
Home DepotHD is trading below the channel established since 2011. Also the trendline is broken. It may be forming head and shoulder top with neckline support at 73. It is a short candidate below 73.by rmbPublished 1
Walking the BandsA historical example of price "walking the bands" in a prominent uptrend. Price breaks through the Upper Band repeatedly.by mproPublished 0
Home Depot (HD) hasn't rebounded from oversoldHD only bounced briefly to 76 earlier this week and I posted on the previous HD chart that I would sell a gap over 76 or 77-78, HD didn't reach my levels. I am willing to get back in on the short side here with a target of 70-68 as labeled on the chart. The home building stocks have continued lower and HD failed to rally despite raising guidance and beating their earnings estimate. By the way, they serially raise guidance. The fact of the matter is that HD is a cyclical stock and management really can't forecast accurately so they forecast conservatively. In each of the past two recessions, HD fell to 10 times earnings and earnings are forecasted to go from $3.60 this year to $4.25 next year. When growth gets hot, it can rally to 20 times earnings and you can see it made it pretty close to 20 times the $4.25 estimate (source: Value Line). Stop loss 79-80. Target 70-68. Last 74.59 Tim 10:36AM EST, August 30, 2013Shortby timwestPublished 5
Looking for a short term pop here in HDBullish Bat looking for a retrace up to $78. Potentially setting up a H&S top here by doing so. Longby climbing_starsPublished 111