HD fell out of rising wedge, so to me it is becoming safer to trade. I like this one because you can swing trade it plus it is a good keeper as well
Low short volume and a well loved company.
Handle low is at 236/is where you should in reality place your stop but sometimes, especially in a market such as this, can be a good starting point to buy the stock. I am posting this as I look at it because the true breakout was at 246(ish) But due to irrational exuberance causing a rising wedge..Poof..it fell out.Rising wedges can mess with supply and demand at times so I am always a bit wary of them
Target 1: 288
Target 2: 313 to 332 Then I will play it by ear.
Stop should be under handle low which is 236 but I would place my stop under 232 at this point. Things are always changing!
We all have our own likes and dislikes so do your research and be safe (o:
Low short volume and a well loved company.
Handle low is at 236/is where you should in reality place your stop but sometimes, especially in a market such as this, can be a good starting point to buy the stock. I am posting this as I look at it because the true breakout was at 246(ish) But due to irrational exuberance causing a rising wedge..Poof..it fell out.Rising wedges can mess with supply and demand at times so I am always a bit wary of them
Target 1: 288
Target 2: 313 to 332 Then I will play it by ear.
Stop should be under handle low which is 236 but I would place my stop under 232 at this point. Things are always changing!
We all have our own likes and dislikes so do your research and be safe (o:
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.