Home Depot – Bear Dynamic Contraction after Bulls Hitting Secular Fibonacci Extension…

Home Depot – Today on ATA Research Radar 

 

ATA Following …

Special 

15.09.2018 – Financial Decade after Lehman Panic…

DJIA 

20.11.2019 –  DJIA – Wall Street Fever vs SECULAR HORIZON Major Fibonacci Extensions Targets…

Nasdaq 

9.11.2019 –  NASDAQ – SECULAR HORIZON ahead of Major Fibonacci Extensions Zone -Update November…

Apple 

8.11.2019 –  APPLE – Tech Bulls Hitting Secular Fibonacci Extensions Zone…

Microsoft 

7.11.2019 –  MICROSOFT – Tech Bulls Hitting Secular Fibonacci Extension…

 

Home Depot  Main Motive

Awakening  from  Bull Market Euphory

after

Q3 Earnings Miss :

Revenue Miss

Disappointing same Store Sales

Downward Revision

 

Home Depot Shot Down after Testing Major Target  Fibonacci Extension

vs

DJIA  still in New History Top Zone

 

Home Depot  Present Target Prices 

Wedbush 230 USD

Baird Equity’ 245 USD

Bank of America 235 USD

Wells Fargo 260 USD

 

Home Depot

 

Present Home Depot   Situation 

HOME DEPOT  SECULAR SITUATION 

ATA MARKET MODEL  IN LONG TERM ACTION  

 

ATA MIND OVER MARKETS

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

 

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

Monthly View 

First of All

still dominating

Mega Long Term Rising Trend

but with

Key Bear Reversal Pattern Risk 

M Pattern 

Key Level 239 USD 

with

Last November Testing

FIB EXT  Target Zone 236 USD 

3.14%  1 Secular Bull Wave

( 1981 – 2000 Year )

with

Psychological  Master Key Level 

235 USD 

All Time High 239.28  USD 

with

MACD Factor 

Monthly Buy Signal

vs

Negative Divergence 

Bear Reversal Pattern 

Inverted Ending Diagonal

( Monthly Chart )

 

 

ATA Investment Conclusion

still carefully Research

Master Trend Reversal  Pattern 

Conformation 

&

Special Focus on

Home Depot Smart Money Battlefield  

200 –220    –   230 – 240  USD 

with

SM  Final Reaction 

EOM – November & December 

 

 

always remember

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

 

N – TIMES

Finally …

Wall Street  Maximes

Risk strikes Fast…

Chart is More Important than 1000 Words…

Most Important is  Final  Smart Money Reaction….

EOM – November & December 

 

 

Home Depot   Monthly  Charts :

20.11.2019 – EOD

Home Depot - M - Fib Ext

Home Depot - M - Fib Ext - Focus

Home Depot - M - Fib Ext - Focus - Focus

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