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mortdiggiddy
17 de Jan de 2020 17:16

Short $HD into earnings Viés de baixa

Home Depot, Inc. (The)NYSE

Descrição

We got a live block trade today at about 9:34 AM EST. I am thinking of a short here as it looks like a buy capitulation is underway with the rest of the stock market after the #CHINA and #USMCA vote.

Comentário

Backtesting the big Weekly ATR Stop also here. This is the standard short after the ATR trend flips to bearish (red).

Comentário

Big block trade today near the open, we are above it now. Usually I would say continue buying since the price reacted bullish to it, but I am inclined to call this a distribution block.

Stock Blocks
📈 HD
📊 576,955
💵 229.09

Comentário

Tagged 78.6% retracement and weekly ATR stop.
Comentários
RobFlorio
everyone says this is best stock of the year. really?
mortdiggiddy
@RobFlorio, Who is "everyone" ? Analysts that said to short in September?
RobFlorio
@mortdiggiddy, one of the banks yesterday and jim craimer.
mortdiggiddy
@RobFlorio, Folks that listen to Cramer aren't traders.
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