Home Depot quickened its sell-off on Friday as the stock market tumbled. There is a major support level coming into view at $124.70. This level is a double bottom from June 2016 and should create a solid bounce in the stock. This is a swing trade which means you are not married to Home Depot, instead hold it for a few days to weeks looking for a bounce to approximately $130.00, then sell.
By Annabelle Trader
Pay with Cryptocurrency and SAVE!
(regularly $120.00)
© 2024 Created by Steven Vincent. Powered by
You need to be a member of BullBear Trading: Stock and Financial Market Technical Analysis to add comments!
Join BullBear Trading: Stock and Financial Market Technical Analysis