Short Home Depot - CLASSIC Wyckoff Distribution
This chart is displaying a classic wyckoff distribution pattern. Keep a tight stop at $284. Targets 1-3 are on the .618, .5, and .382 retracement levels. Keep a cool head, this one will play out over the next couple months.
Entry - $269
SL - $284
Target 1 - $235
Target 2 - $216
Target 3 - $198
R/R - 2 (T1)
Entry - $269
SL - $284
Target 1 - $235
Target 2 - $216
Target 3 - $198
R/R - 2 (T1)
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