ericsolan

Go long on HD on first touch of 180

NYSE:HD   Home Depot, Inc. (The)
Home Depot has an untested support level at 180 back from April 2018.

Setup:
If (and only if) HD gets down to 180, enter a long position on first touch of the 180 support level.

Stop:
Anywhere below 180 is fine, just don't go too tight. Maybe 178ish.

Target:
First target will be around 190 for an exit or at least profit-taking, which is the first area of consolidation and untested resistance levels.
A riskier target will be up in the 203 range where there's more congestion and untested levels.
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