Home Depot, Inc. (The)

Home Depot Inc (HD) - Sell on bounce

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Home Depot Inc (HD) it has completed impulse cycle upside as mentioned in previous updates. Now it is in correction mode, which might unfold in WXY complex correction as double zigzag may be. So wait for X wave to finish around 283 or little higher. Thereafter wait for impulse down cycle in 5 min time frame to confirm the start of Y wave down. Enter then only in trade with stops above X wave high for target zone around 248 or lower.
The fall should be sharper expected.

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