Short $HD into earnings

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.

تعليق:

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

تعليق:

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

تعليق:

Tagged 78.6% retracement and weekly ATR stop.