Home Depot Rocketship …. $HD the math stopped it, for now (?)

06/09/2016 – so, the top of the circle and the math appears to have worked on targets for HD.

  •  again, have ZERO idea about the fundamentals
  • just drew a circle w/ the radius equal to the biggest corrective move in it’s history
    • obtw, the bottom of the circle is support in/around zero price so the top of the circle
  • the blue arrows are the “measured moves” of HD throughout it’s history
  • the “geometry” of the Adams Pitchfork from the IPO and all time low was simply copy/pasted and the median line stopped the rise in it’s track

learn to use crayons, it’s much easier than reading a 100 page document on HD and it’s fundamental stuff

believe this could be a significant top for HD …

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Well, every other pattern level has been defeated so why not the one’s shown below?  We have a bunch of math coming in …130-135.

stay tuned.

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Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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