HD turining bullish
Home Depot, Inc. (The) stock forum
HD turining bullish
HD putting in a buy order
HD Permit numbers came in pretty much as expected. Starts came in better than expected. Price action will most likely follow the permits as they are forward looking.
I expect there could be a small pull back yet or consolidation period before climbing back up.
These numbers look good though going against
-%0.2 construction spending 3-3-25. If we get a positive report on construction spending on 4-1-25 we could recaputre some of the recent lost ground.
Overall thoughts for now is consolidation 340-360
Good april numbers we break higher, bad we look for 325 and below
HD you could literally short this stock every day.
HD I don't like it in this situation
HD 🔥 Scalping Strategy for Home Depot (HD):
🩸 Buy Zone: $387.00 - $390.00
🩸 Sell Zone: $395.00 - $400.00
🩸 Stop-Loss: Below $385.00
🩸 Breakout Targets:
Above $395.00 → $400.00 (+1.3%)
Below $387.00 → Short to $382.00 (+1.5%)
👑 Trade Rating: Short: 9/10 | Long: 6/10
🔥 LucanInvestor's Quote:
"The trend is your ally—never fight it blindly."
HD head and shoulders, to risky to buy now
HD Long Home Depot 300 420 calls 6/20 added
HD post California fires rally