Home Depot 
HD has retraced into a crucial support zone between $375 – $380, offering a potential long entry opportunity. This level aligns with prior consolidation and buying interest, and while broader US indices hint at a possible correction, HD is holding this support relatively well.
🔹 Entry Zone: $375 – $380
🔹 Stop Loss: Below $373 (tight, risk-defined)
🔹 Take Profit Levels:
• TP1: $400 – $412
• TP2: $423 – $435
We’re approaching this trade with tight risk management, as market sentiment remains mixed. The setup favors a quick bounce or potential continuation if HD finds strength relative to the S&P 500. Watch volume and price action around the entry zone for confirmation.
HD has retraced into a crucial support zone between $375 – $380, offering a potential long entry opportunity. This level aligns with prior consolidation and buying interest, and while broader US indices hint at a possible correction, HD is holding this support relatively well.🔹 Entry Zone: $375 – $380
🔹 Stop Loss: Below $373 (tight, risk-defined)
🔹 Take Profit Levels:
• TP1: $400 – $412
• TP2: $423 – $435
We’re approaching this trade with tight risk management, as market sentiment remains mixed. The setup favors a quick bounce or potential continuation if HD finds strength relative to the S&P 500. Watch volume and price action around the entry zone for confirmation.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.