Home Depot Setting Up for Big Directional Move

HD-- If ever there was a chart set-up that is approaching-- is at-- an inflection point for a BIG directional move, it is retail and housing bellwether HD, especially as my 5, 20 and 200 DMA's all converge in the 171-175 area.

Let's keep in mind that HD does not release earnings until May 22nd...

4 13 18 HD Day GIF
4 13 18 HD Day GIF

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!