In the daily bar chart of HD, below, we can see a chart pattern that is looking all too familiar. The shares declined to a low in June followed by a rally into the middle of August with a subsequent retest of the June lows. HD is trading below the declining 50-day moving average line and below the 200-day line.
The On-Balance-Volume (OBV) line has been relatively weak the past 12 months. A new low in the OBV line will confirm the price weakness. The Moving Average Convergence Divergence (MACD) oscillator is bearish and crossing to the downside for a fresh sell signal.
In the weekly Japanese candlestick chart of HD, below, we can see two upper shadows in October telling us that traders are rejecting the highs of the week. This reinforces the likelihood of further declines. Trading volume has been heavier since February telling us that traders are voting with their feet.
The weekly OBV line has been weak since December. The MACD oscillator is bearish.
In this daily Point and Figure chart of HD, below, we can see a potential downside price target in the $245 area.
In this weekly Point and Figure chart of HD, below, we see a downside price target of $246.
ຍຸດທະສາດດ້ານລຸ່ມ: A further decline in the shares of HD will weigh on the DJIA. Avoid the long side of HD as long as the charts and indicators look weak.
ໄດ້ຮັບການແຈ້ງເຕືອນທາງອີເມວທຸກໆຄັ້ງທີ່ຂ້ອຍຂຽນບົດຄວາມ ສຳ ລັບເງິນທີ່ແທ້ຈິງ. ກົດປຸ່ມ“ + ຕິດຕາມ” ຕໍ່ກັບເສັ້ນທາງຂອງຂ້ອຍຕໍ່ບົດຄວາມນີ້.
ຖ້າທ່ານມີຄໍາຖາມ, ກະລຸນາຕິດຕໍ່ພວກເຮົາ ທີ່ນີ້.
ສົ່ງອີເມວແລ້ວ
ຂອບໃຈ, ອີເມວຂອງທ່ານເຖິງ ຖືກສົ່ງ ສຳ ເລັດແລ້ວ.
Oops!
ພວກເຮົາຂໍອະໄພ. ມີປັນຫາໃນການພະຍາຍາມສົ່ງອີເມວຂອງທ່ານໄປ .
ກະລຸນາຕິດຕໍ່ ສະຫນັບສະຫນູນການລູກຄ້າ ເພື່ອໃຫ້ພວກເຮົາຮູ້.
ກະລຸນາເຂົ້າຮ່ວມຫຼືເຂົ້າສູ່ລະບົບເພື່ອສົ່ງອີເມວນັກຂຽນຂອງພວກເຮົາ.
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ເປັນຜູ້ສະໝັກໃຊ້ບໍ? ເຂົ້າສູ່ລະບົບ
Source: https://realmoney.thestreet.com/investing/stocks/is-isn-t-look-like-home-sweet-home-with-the-trends-of-home-depot-16106152?puc=yahoo&cm_ven=YAHOO&yptr=yahoo