Tag: HD

  • Why It’s Best to Short or Avoid Home Depot

    Why It’s Best to Short or Avoid Home Depot

    Home Depot (HD) is having a painful day. At the moment, shares are down about $11.05 a share, or about 3.8%. And unfortunately, it’s now below March support.  From a current price of $277.38, it could drop to triple bottom support last tested in October 2022. Not only did the company watch revenue plummet, but…

  • Don’t Try to Catch Home Depot’s Falling Knife Just Yet

    Don’t Try to Catch Home Depot’s Falling Knife Just Yet

    Home Depot (HD) made a fine mess of the markets. While it’s down $20 at the moment, it could fall even further. That’s because there’s no clear support until Home Depot gets to about $285 a share, which is another $12 lower. And the last thing you want to do here is to catch a…