HD Head and Shoulders pattern to the downside for 30 point moveLooks like a possible 30 point move to the downside on a head and shoulders pattern once short term uptrend line is broken. This would coinside with Fib Retracement level and Stochastic direction as well.Shortby fsrelax222
Home Depot into Aug EPSAs we all know spring / summer is christmas for HD. By looking at 3 years Historical charts we can see home depot has an increase in share price of greater than 10% from mid June right into earnings. I am an options trader so one way i plane to capitalize on this move is a Risk Reversal Spread. I plan to sell the Aug 210/220c, while at the same time selling the 175p. This will make my debit .66. nice risk to reward. For a safer approach i recommend just doing a call vertical spread 210/220 for !.60. Still a great r/r trade. Longby breakingoptions0
Bullish Breakout on Home Depot & HomebuildersOn Friday's Options Action, the crew analyzed the performance of the homebuilder's sector. After selling off substantially since Jan, this sector has started to turn bullish again just this week. Looking for a bounce higher, HD is the large-cap name in this sector that would attract institutional investors. Coupled with cheap fundamental valuations and bounce off a bullish trendline, HD has upside to run. Expecting HD to trade higher, Michael Khouw suggests buying a July 200 Call for a $3.25 Debit. As of Friday's close, this option is trading at $3.60. We've structured this trade in OptionsPlay so you can analyze and view this trade along with the supporting technical chart at your convenience. View this OptionsPlay on HD - app.optionsplay.com Longby OptionsPlay2
$HD Home Depot C&H Breakout$HD Home Depot closed just above C&H resistance. Expecting follow through into the 2nd half of this week. See chart for medium term targets. Note: Hurricane season has begunLongby Triple_Barrel_Capital116
HD- Dailey long! Golden cross.Got a golden cross! Engulfing pattern. And 71 days after the (dead cross). Let's move up! Wait (Hope) for a pullbackLongby McbmMM1
HD long tradeHD reached weekly 20sma and it is good area for partials and move stop to entry priceLongby JohnChartIdeas0
HD long opssibilityMain HD idea is possible monthly bounce from 10sma support area and possible flag pattern. Also, for that possibility HD need to break above weekly 10sma (at this moment resistance area) and above daily 50sma (green line on the chart). For trading plan, I use early entry and that is above 1st 60 min resistance area. Another swing option and less risk is above Tuesday high, but also then reward possibility is smaller.Longby JohnChartIdeas1
Here's the signal I was waiting for on #HD #stocks #tradingNeat break of the falling wedge on #HD, more upside move to come! A retest of previous highs is likely.Longby LorenzoDecaria4
this is why #technicalanalysis is so important in #stockstradingWe all know that good stocks, by nature, tend to go up in the long run, but how many times you lost money although being right? How many times you took a bad entry just because you rushed it? Technical analysis and patience are key skills if you want to be profitable. In this chart, HD broke the falling wedge pattern right at the SMA200 support, which reinforces the long term BUY signal.Longby LorenzoDecaria6
HD Buy SignalHD peaked at $207.31 on January 26th and proceeded to selloff with the broader market, to a closing low of $171.80 on March 23rd (17%). At the closing low, the 10-day RSI was 29 vs. 23 on the higher closing low of February 5th, setting-up a positive divergence. The peak RSI between the two lows was 49, so using that as a confirmation, HD signaled a "buy" on Thursday, March 29th with a closing RSI of 50. -- RoyLongby ScribnersplaceUpdated 1
HD Sitting at supportLong term buy for Home Depot currently almost near a very strong support line. Longby Viper4everX1
HD - Weekly Option Expiry of 4/6/2018 BullishNaked Put (Bullish) Symbol: HD Current Price: $174.76 Option: Write Option: 6th Apr $170 Put Price per Option: $1.02 Contracts: #20 x 100 Total cost: $2,040 Estimated returns - HD at $174.76 on 28th Mar 2018 Entry cost: $2040 (next credit/now) Maximum Risk: $337960 at a price of $0.10 at expiry Maximum return: $2040 at a price of $176 on day 6th Apr 2018 Break evens at expiry: $169.00 *Will watch Price Action rest of this week and into next.... if Price Action goes south will or under $169.00... will take corrective action.Longby Anbat4
HD- Bullish To $190+One of the key HD (Home Depot) insiders has on 3/2/18, just bought 6,650 shares. Watch for more insider trading soon. This is a positive sign, for traders to buy HD or write covered calls ($190), if you understand how too and have money to cover 100 share lots of HD stocks too. Fib. retracement on chart hit and went up from 0.786 area, on daily chart. Please do future research, if interested in this idea. Knowledge is power and to successful trading. Longby AnbatUpdated 4
HD trade setupHD breaking support and heading to the 200MA.. I like this for a swing trade but might make it tomorrow. Shortby carley6211
Home Depot Long52W RANGE - $144.25 - $207.60 MARKET CAP - $212.8B AVERAGE VOLUME – 6,060,986 BETA – 1.14 DIV YIELD – 1.91% PRICE/BOOK – 83.66 P/E – 25.26 EPS – 7.21 EARNINGS YIELD – 5.07% In December 2017, Home Depot set out new long-term financial targets, which are highly likely to be achieved in fiscal year 2020. HD reaffirmed its financial targets for fiscal 2020 while it updated the return on invested capital target to reflect the impact of the Tax Reform in 2017. HD expects total sales in range of $115-120bn, with annual compound growth of 4.5-6%. On top of this the company now expects a return on invested capital to be more than 40% (previously 36.4-39.6%) – this reflects the positive impact of the new tax reform. The company plans to accelerate investments in the next three years to enhance shareholder value and mainly it’s customer’s experience. HD has been gaining from its focus on professional customers (pro customers). Recently, the company has also acquired Compact Power Equipment which moved another step forward for their pro customers portfolio service offerings. Risk wise – the only concerns would be the inflated P/E ratio against the sector and S&P 500. Macroeconomic problems could be another risk – harsh credit access. Home Depot’s main threat is LOW with its competitive pricing, expansion in aspect of location and the quality of merchandise. NeroTree Capital rates Home Depot Inc as a BUY with a price target of $190. Longby UnknownUnicorn24152223
HD - DON'T MISS THIS DIP!!!Perfect 618 retracement on the fibs, buy the dip here!!!!Longby RickyCadan2
Home Depot Inc.In this boring Sunday, a provocation on Home Depot. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity and good cash flow from operations. However there is an aspect that caught my attention, Home Depot has very weak liquidity. Currently, the Quick Ratio is 0.38 which clearly shows a lack of ability to cover short-term cash needs. The stockholders' equity in 4Q has significantly decreased by 67% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop shortly. It occurred immediately to me they have to pay $27 million to settle allegations in California that the retailer illegally disposed of hazardous waste and tossed customer records without first rendering personal information unreadable. $27 million is nothing for Home Depot, assuming they are the only to pay...by TradingwDavid2