This Dow component was the highest gainer for the average with a modest 2.10% gain yesterday. HD price action was very controlled. Volume was slightly below average indicating it was likely ETF developers buying ahead of the earnings report.

Accumulation/Distribution indicator confirms this price range is a buy zone.

This is a technical setup to watch for pre-earnings runs for swing trading.

accumulation_distributionaccumulationzoneBeyond Technical AnalysisCandlestick AnalysisEarningsearningsreporthomedepotindicatorspre-earningsswingtradingvolumepriceanalysis

Martha Stokes, CMT
ttrader.im/tv-candlesticks

Learn how to use the technical patterns of each market participant for better trade planning.
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