A major beneficiary of the nation-wide lockdown restrictions, Home Depot has seen an increase in value over the past few weeks. Currently, however, $HD is displaying an abandoned baby sell-signal on the daily chart, a day after strong earnings. Fibonacci retracement .618 @ $207. Target: $207-209.
Recent $MRNA preliminary COVID-19 vaccine data-induced rally created a gap between $66-75 range. Gap close starting to occur as RSI indicates overbought condition. .618 Fibonacci @ $60~. Short target: $60-62.
