Home Depot
HD has bounced nearly 5% since our last post and is now retesting a major support zone between $375 – $380. This zone has consistently acted as a base, and the current price action suggests buyers may be stepping back in — potentially setting up for another bullish move.
📈 Trade Idea
Entry Zone: $375 – $380
Take Profit Targets:
TP1: $400 – $412
TP2: $423 – $435
Stop Loss: Just below $370
The setup offers a clean risk-to-reward structure with the broader market still holding a bullish bias. Watch for volume confirmation or bullish candlestick signals to strengthen the case.
📈 Trade Idea
Entry Zone: $375 – $380
Take Profit Targets:
TP1: $400 – $412
TP2: $423 – $435
Stop Loss: Just below $370
The setup offers a clean risk-to-reward structure with the broader market still holding a bullish bias. Watch for volume confirmation or bullish candlestick signals to strengthen the case.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
