Home Depot, Inc. (The)
Long

ETF Developers Buying Ahead of Q2 Earnings Reports: HD

This Dow component was the highest gainer for the average with a modest 2.10% gain yesterday. HD price action was very controlled. Volume was slightly below average indicating it was likely ETF developers buying ahead of the earnings report.

Accumulation/Distribution indicator confirms this price range is a buy zone.

This is a technical setup to watch for pre-earnings runs for swing trading.

Declinazione di responsabilità