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Home Depot - Double top
Home Depot, Inc. (The)
Short
Home Depot - Double top
By vlad.adrian
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Apr 28, 2016
2
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Apr 28, 2016
HD is a slow trending stock, it has been in an uptrend forever. That is why I want to take profits quickly, and not look for a serious correction.
Double top on the weekly chart with a bearish divergence, blue impulse. A broken H&S pattern on the daily and red impulse.
I am looking for price to reach value on the weekly. Note that the US market looks bearish right now.
vlad.adrian
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