If you follow the trend - looks very bearish Zooming out on the weekly you can see the range. And for those that have been around for a few years or more probably see what I see. A pretty bearish pattern forming. No Home Depot is not going to 40 bucks but it will be breaking 200 and then some. Shortby CJS040
HD overextended Looks good for a quick short/put play. 300, 292, 285, 278 PTs. Shortby ShadaabResearch112
Home depot---> the last breathHD has formed a reversal pattern today with hammer on top with decreased volume indicating bull exahution, also divergence on indicator. I believe it will start to fall from next week I hope you are enjoying my analysis, ideas here are for entertainment and education these are not trading advice. Dont forget to like , follow me and check my other ideas Shortby Stockmaanreal772
Home depot---> started its journey to homeHome depot had a good run when market was red. Now its has started its downward hourney. There is good divergence on indicator as well as increased volume. It should start falling to support level mentioned in my previous chart. Good strategy will be a call credit spread. Ideas are for education and not trading adviceShortby Stockmaanreal441
Short HD; you can do it, I can help.A couple of indicators are showing divergence for the past week or so, as HD has melted up choppily. It needs some relief and is being sustained by erstwhile investors scrambling for a safe investment in a volatile bond market when the banks can't be counted on to manage their risk. I'd suspect that this could continue a little bit, but within the next week or so as the market changes again this should take a pounding. Note the marked divergences and the weakness of the indicators after we passed the shaded area. Today might well be the double top we need to leg it down. The way I see it, the weak technical picture hides an interesting scenario; bond yields calm, money flows back into more conditional investments like tech (this will keep happening to a lesser extent everytime yields 'decline' and consolidate) and away from HD. Bond yields increase and the market panics. Bond yields stay the same and people go back to their riskier bets. In all scenarios HD and other builder, stocks decline in the interum. Perhaps they'll pickup before earnings but they need price discovery now.Shortby PreferredStonkUpdated 18186
Home Depot - Done?I am leaning in the side of Home Depot being toast. I will wait for the candles to close and prove it though. Still want to see if it can pop to the 308s or not Shortby CJS04Updated 993
home depot -- will return home soonHome depot had a great run when whole market was red. It has finished its 3 week bull run and now has ended in oversold territory. Recently broke a bull flag. Overall trend in home run is long but it will do a pull back soon . Till 291 level and then i am hoping that it will bounce. I am going to start a call credit spread 21 days ahead, or but a put. I am short term bearish on HD. Shortby StockmaanrealUpdated 114
One more little push and then implosion Should be ready to topple soon. I am thinking it heads for a retest or March lows from last year in a correction that’s coming. Just pump it a little more boys cause that’s what Wall Street does and then the floor comes out and the new people and kids are like what happened? This is obscene. An investigation needs to be done. Hahaha. No kids. It’s just how the market works. Shortby CJS04333
HD bearish back down to 290Looks to respect the channel Just gonna play a bearish put spread of some sort Broad market somewhat weak Options markets are wide in this stock and therefore suck, but i think it's worth the fight to get filled. I'm long the April 290 puts and will sell another strike against those before end of day to leg a debit spread of some sort... not sure what yet. Depends on whether I'm +\- by end of day because if it were to drop enough today i'll just take it off Worst case scenario it breaks above the channel in a dramatic way and I'll have to address thatShortby Tidal_0BXUpdated 2
Home Depot Break and Retest Price Actionnice and steady uptrend for home depot the retest has already happened now we can chose to go long with long call buy call options market openLongby raidenfx1
Home Depot Should Topple SoonWatching that 304ish area pretty closely.. Looking for signs of rejection. This over the course of the next serveral months has a far fall to take. If you are a day trader, might be a few bucks to make. If you are a swing trader, that short should be a good one. by CJS041
Missed out on HDA very good long term company. Would have liked to enter around 265 but never took up the opportunity. I will most likely wait for a pull back before entering now but i will keep an eye out.by AngD18991
$HD Breaking Out of Consolidation?$HD has been consolidating since August 2020. It's now testing the upper area of resistance. $HD reported earnings toward the end of Feb and the market sold it off (report summary below). I'll be watching this to clear and close above the green box of consolidation at which time I'll be looking for a low risk entry. Ideas, not investing / trading advice. From earningswhispers.com : Home Depot (HD) reported Quarter January 2021 earnings of $2.74 per share on revenue of $32.3 billion. The consensus earnings estimate was $2.63 per share on revenue of $30.5 billion. The Earnings Whisper number was $2.74 per share. Revenue grew 25.1% on a year-over-year basis.Longby jaxdog0
HD AT LONG TERM RESISTANCEAs you see on the chart, HD has been consistently following this support and resistance trend, as you see it has been extremely parabolic after earnings and with the recent price upgrades. With that being said, it is extremely oversold:/ Since its been follow this trend, I will be aggressively shorting HD on a break of support at 279.70. 1st PT: 269 2nd PT: 261 3rd PT: 255 If HD continues to run through resistance and breaks 284...this will be invalidated! Happy Trading! Shortby stockmankamUpdated 665
HD - close to break out or bearish reversalHD hit big resistance line which it it could not break two times. if it break its then $300 plus incoming below that we can see $250s again. next two days would give a proper indication. Citigroup had price target of $288 which it hit.Shortby UnknownUnicorn126242751
HD ShortHD Broke trend and hit Key zone (Resistance) looking to short all the way to $274.30, at this level we have a good resistance but if it breaks it can fall all the way to $263.50. 2Wks to 1month.Shortby vgallardo330
HD to be watchedHome depot is interesting to be watched, crossed the line with volume yet let's seeLongby waelgham0
HD looking very strongHD has been flying since the low on March 5th. It looks strong enough to go for an ATH. Longby itshabib0
Sell HomeDepot at 295$ to 270$ price targetOpen SHORT position at HD for +10% gain of drop 295$ to 270$. Reasons - rates US 30 T is 1.8% and ifliation risks acure, it will demolish all benefits for homebuilders and customers whom will spend thier new income for travel and leasure not for building and fixing. It will lagging 2-3 month until in will be obveous, hard to anylise particular time when banks and porfolio managers makes this clear for all, but 2-3 month not so long time to start creat position right now. Look to my previous ideas. It's high rate analysis. Don't buy for whole amount, just 10% is ok. Make your own research and create own opinion. Shortby DeveloperA331
HD (NYSE) - When it breaks, price go up Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do nothing if u see opportunity - Evaluate and upgrade your trading plan Execution Strategy : - Know what you want to buy, see the Fundamental - Decide that you are on investing or speculating - Consider what your strategy based on Investing/Speculating - Make Road Map Of Your Trading Plan - Decide a. Entry strategy b. Cut loss c. Target of Profit Post Trading : a. Do not be sad if you loss or do not be very happy if you win b. Just become a normal without emotion, Do not put emotion into your trading c. Evaluate your trading d. Keep on Learning e. Be Humble Idea : HD (NYSE) - When it breaks, price go up Note : 1. This is just a road map 2. After u know the rod map, u need to decide what is the entry strategy, and exit strategy where we do not explain here. if u will know more, let send us message 3. If your information/knowledge is intermediate, it is very dangerous to do trade. by MultiAssetX1
HD to $300HD, or Home Depot, broke out of a strong channel today. This is very bullish, and by taking the mouth of the channel (the first purple rectangle) and moving it up to the breakout point we get a breakout target of somewhere between $300-$306. I personally went long here and will take profits around $299.Longby velocitylabs5