Home Depot, Inc. (The)Education
Bullish: Breakout Expectations (Beta)
Trade Plan,
Target price @ US$293 (Previous High)
Stop loss a@ 274.50 (Below17D SMA)
Technically,
Stock is consolidating within a triangle pattern with expectations of bullish breakout.
Fundamentally,
Beneficiary of Work from home trend and a recovering economy. PE at 25.8x and Div Yld at 2.15%.
Company Background,
Operates 2,291 home depot stores offering building materials/home improvement and lawn/garden products.
Target price @ US$293 (Previous High)
Stop loss a@ 274.50 (Below17D SMA)
Technically,
Stock is consolidating within a triangle pattern with expectations of bullish breakout.
Fundamentally,
Beneficiary of Work from home trend and a recovering economy. PE at 25.8x and Div Yld at 2.15%.
Company Background,
Operates 2,291 home depot stores offering building materials/home improvement and lawn/garden products.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.