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forexmilitia

Bullish Swing Trade on Home Depot (HD)

Long
Home Depot, Inc. (The) (NYSE:HD)  
forexmilitia  
NYSE:HD   Home Depot, Inc. (The)
Technical Indicators Beyond Technical Analysis Fundamental Analysis stocktrading stockanalysis homedepot longsetup
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indicator beyondta fundamental stocktrading stockanalysis homedepot longsetup
The market is looking very bullish going in to this week. I see a setup on HD that has an 80% chance to be profitable based on Trademiner 5.0. the technical analysis sees bullish divergence on the weekly and daily charts. The latest earnings report was positive on eps and revenue. And finally, the DJIA for the past 30 year has had positive gains from March to April.
So entry is ~341.00 stoploss = 285.00 and /TP1 = 406.00 and /TP2 = 465.00 /Time stopout is May 2 2022.
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