Home Depot – Buyer Exhaustion In A Range for NYSE:HD by MAKrisp — TradingView


Buyers seem to be losing steam in this range as there is a clear downtrend that can be seen in the 2-hour timeframe. The orange line is the AVWAP which is anchored from the starting point of the rally on June 15th.

Newer to TA so would appreciate any feedback. I know that the market is overall bullish on HD but the technicals are showing that there is some downward pressure at the moment.



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