years on the market

Trading ideas for the Home Depot, Inc. (NYSE) 27.04.2020

#HD

The price pivot zone of 212.20 deters buyers. The ascending wave pattern is truncated. A bearish divergence has also formed on MACD.

Trading recommendations:
Sell while a descending wave pattern is forming, where wave A breaks through the inclined channel of an ascending pattern, completing it.

Stop loss beyond the local maximum (212.20).

Target levels: 191.00; 175.00; 155.00.

The #HD shares online: monitor the movement of the shares in real time.

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