Short $HD into earnings

17 בינו׳ 2020

We got a live block trade today at about 9:34 AM EST. I am thinking of a short here as it looks like a buy capitulation is underway with the rest of the stock market after the #CHINA and #USMCA vote.

17 בינו׳ 2020

הערה

Backtesting the big Weekly ATR Stop also here. This is the standard short after the ATR trend flips to bearish (red).

17 בינו׳ 2020

הערה

Big block trade today near the open, we are above it now. Usually I would say continue buying since the price reacted bullish to it, but I am inclined to call this a distribution block.

Stock Blocks
📈 HD
📊 576,955
💵 229.09

21 בינו׳ 2020

הערה

Tagged 78.6% retracement and weekly ATR stop.