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Home Depot set for Volatility
HD
, 60
Short
HD: Home Depot set for Volatility

Home Depot Traders Prepare for Earnings Results Today; EPS of 3.82 Expected Yesterday, Home Depot's stock (HD) experienced bearish price action, causing it to fall as low as 287.24 before stabilizing at 288.07. This consolidation of losses comes after 4.55 million shares were traded on the day, surpassing the multiday average of 3 million. Today, Home Depot is...

Short Trade Idea: Wipro (WIT)
WIT
, 60
Short
WIT: Short Trade Idea: Wipro (WIT)
Updated 

The share price of Wipro (WIT) has declined by around 6.88% in the past month. This short trade idea focuses on selling the asset, based on the following strategy: 12-day exponential moving average (EMA) below 26-day EMA: This strategy seeks out assets where the 12-day EMA is below the 26-day EMA. This indicates a potential bearish trend and suggests that the...

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