Home Depot is on my watch-list for a short. With recent
weakness in consumer discretionary and warnings from the
CEO of Walmart and other earnings misses such as lumber liquidators I see
weakness in this sector. .Big money is already selling ahead of earnings. I will wait for my setup. Will need two red bars below the 0 line on the Awesome Oscillator
and I will short at the bottom of the price bar. The weekly chart is also very close for me to going short as well. At earnings I will be watching the forward guidance on this huge big box retailer
weakness in consumer discretionary and warnings from the
CEO of Walmart and other earnings misses such as lumber liquidators I see
weakness in this sector. .Big money is already selling ahead of earnings. I will wait for my setup. Will need two red bars below the 0 line on the Awesome Oscillator
and I will short at the bottom of the price bar. The weekly chart is also very close for me to going short as well. At earnings I will be watching the forward guidance on this huge big box retailer