Use advanced tools to confirm the Bearish Flag on HD before you trade.
Bearish continuation if preceding move was down.
A clear signal has emerged for Home Depot (The) (HD) on the daily chart. Currently at $312.61, the asset is showing upward momentum (0.66%). Price action has carved out a classic Bearish Flag. This setup is supported by average volume turnover. A potential breakout level is identified at $289.1, targeting $198.55 with support near $312.67 (R:R 3.84).
What is your outlook on HD?