Home Depot NYSE:HD has bounced nearly 5% since our last post and is now retesting a major support zone between $375 – $380. This zone has consistently acted as a base, and the current price action suggests buyers may be stepping back in — potentially setting up for another bullish move. 📈 Trade Idea Entry Zone: $375 – $380 Take Profit Targets: TP1: $400 – $412 TP2: $423 – $435 Stop Loss: Just below $370 The setup offers a clean risk-to-reward structure with the broader market still holding a bullish bias. Watch for volume confirmation or bullish candlestick signals to strengthen the case.

For NYSE:HD (Home Depot) if this just a pullback, we will be going back up to break the top and reach 450 level. Always remember WTW 4 Golder Rules: 1) Do not jump in 2) Do not over risk/trade 3) Do not trade without Stop Loss 4) Never ever add to a losing position! Trade with care We Trade Waves WTW Team Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.

- Home Depot broke support zone - Likely to fall to support level 370.00 Home Depot recently broke the support zone between the support level 382.00 (which stopped the wave (iv) at the start of August), support trendline of the daily up channel from April and the 61.8% Fibonacci correction of the upward impulse from July. The breakout of this support zone accelerated the active medium-term impulse wave (3). Home Depot can be expected to fall further in the active impulse wave (3) to the next support level 370.00 (target price for the completion of the active impulse wave (3)).

Home Depot NYSE:HD has retraced into a crucial support zone between $375 – $380, offering a potential long entry opportunity. This level aligns with prior consolidation and buying interest, and while broader US indices hint at a possible correction, HD is holding this support relatively well. 🔹 Entry Zone: $375 – $380 🔹 Stop Loss: Below $373 (tight, risk-defined) 🔹 Take Profit Levels:  • TP1: $400 – $412  • TP2: $423 – $435 We’re approaching this trade with tight risk management, as market sentiment remains mixed. The setup favors a quick bounce or potential continuation if HD finds strength relative to the S&P 500. Watch volume and price action around the entry zone for confirmation.

Enter: NYSE:HD OCT 31 2025 $385 CALLS Buy in Price: $8.59 - $9.00 Take Profit: $14.17 Stop Bleeding: $7.56 ROI Potential: 65% Exit Within: 193 Minutes

1. RSI in oversold region 2. Price likely to rebound back the the mean Trade Rules: Entry Trigger - RSI has cross below oversold region, enter limit buy at close price Exit Trigger - Close at market when close price cross above exit trigger (Red Line)

======= Volume ======= -Stable ========== Price Action ========== - Double top observed - Uptrend broken ========= Oscillators ========= - Ichimoku, price within cloud, green kumo thinning, base + conv + lagging shows sign of piercing clouds - MACD below 0 line - DMI bearish - StochRSI, bearish signals, oversold noticed ========= Conclusion ========= - short to long term swing, price may reverse at current level, to enter spot or wait for pullback.

1. RSI in oversold region 2. Price likely to rebound back the the mean Trade Rules: Entry Trigger - RSI has cross below oversold region, enter limit buy at close price Exit Trigger - Close at market when close price cross above exit trigger (Red Line)

Home Depot is all set up to rocket as interest rates are cut and mortgages get cheaper. Hopefully the increased homebuilding will lead to increased sales this year and in 2026, completing the pattern.

# 🛠️ HD Earnings Options Play – 8/22 BMO 📊 **Market Context** * Revenue Growth: +9.4% TTM 📈 * Gross Margin: 33.3%, Operating Margin: 12.9%, Profit Margin: 9% * Forward EPS: \$15.60, Consensus Buy Rating * Technical Momentum: +7.7% price drift past 2 weeks, key support \$380 / resistance \$420 * Options Flow: Call-heavy volume at \$420 strike, moderate bullish skew * IV Rank: 65%, priced for \~3.5% post-earnings move --- ## 🎯 Trade Setup (Pre-Earnings Call) * **Instrument**: HD * **Direction**: CALL (LONG) * **Strike**: \$420.00 * **Expiry**: 2025-08-22 * **Entry Price**: \$0.83 * **Profit Target**: \$3.32 (\~300% potential) * **Stop Loss**: \$0.42 (50% of premium) * **Size**: 2 contracts * **Confidence**: 75% * **Entry Timing**: Pre-earnings close * **Earnings Date/Time**: 8/22 BMO * **Expected Move**: \$5.00 --- ## 🧠 Key Notes & Risk Management * **Position Sizing**: Limit exposure to manageable portfolio risk * **Exit Scenarios**: * Profit Target → \$1.66 or \$3.32 * Stop Loss → \$0.42 * Time Exit → Close within 2 hours post-earnings if neither triggered * **Gamma & Volatility Risk**: Moderate due to pre-earnings timing --- # ⚡ HD 420C EARNINGS PLAY ⚡ 🎯 Entry: \$0.83 → Target: \$3.32 🛑 Stop: \$0.42 📅 Exp: 8/22 BMO 📈 Bias: Moderate Bullish (75%) 🐂 --- 📊 **TRADE DETAILS JSON** ```json { "instrument": "HD", "direction": "call", "strike": 420.00, "expiry": "2025-08-22", "confidence": 75, "profit_target": 3.32, "stop_loss": 0.42, "size": 2, "entry_price": 0.83, "entry_timing": "pre_earnings_close", "earnings_date": "2025-08-22", "earnings_time": "BMO", "expected_move": 5.0, "iv_rank": 0.65, "signal_publish_time": "2025-08-18 14:00:30 UTC-04:00" } ```