HD, Home Depot

hd may 17 2017

This is a stock I would sell, assuming of course that I was fortunate enough to have owned it and, and this is very important, not stupid enough to have sold it at a much lower level.

It has a well formed channel, a wave count that is clearly 5 waves even if they are not exactly the ones shown, and we are at the top of the chart! A drop to about $100 is easily within the possibilities so the risk/reward ratio is running against this stock.